Amazon Go: The Future of Retail?
In 2018, Amazon launched Amazon Go, a brick-and-mortar store powered by machine learning – with no checkout lines or cashiers. Is this the store of the future?
In 2018, Amazon launched Amazon Go, a brick-and-mortar store powered by machine learning – with no checkout lines or cashiers. Is this the store of the future?
Alibaba has leveraged Artificial Intelligence (AI) to disrupt China Retail Industry for the past 19 years. Nevertheless, 81% of retail consumption in China still comes from the offline channel [1]. Realizing the importance of offline presence, the giant online e-commerce shifts its gear towards Omnichannel strategy. In 2017, Alibaba opened futuristic groceries stores, Hema, offering 30-minute deliveries and facial-recognition payment. In the same year, T-mall pop-up stores are introduced in collaboration with over 100 domestic and international brands, promoting inventive "Retailtainment” shopping experiences [2]. While offline stores around the world are suffering, the giant e-commerce leveraged AI and made a brave move to enter the physical world in an innovative means. Or this will be another significant retail disruption, reinventing offline shopping experiences…
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