NASDAQ Full Article — The rumor mill has switched into high gear when it comes to Amazon.com (NASDAQ: AMZN) and its relentless push into physical retail. Earlier this month, the e-commerce giant confirmed that it will be opening a line of grocery stores next year under a different name than the Whole Foods Market chain it acquired in mid-2017. This confirmed reports that surfaced back in April.
It appears that Amazon is expanding its push into retail in another direction as well. The company is reportedly planning an expansion of its Amazon Go concept stores, which allow customers to take items from the shelves and leave the store — foregoing the usual checkout process. Amazon has been testing the tech-savvy shopping outlets for nearly three years, and it appears the company is preparing for a wider rollout.