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Amazon, seeking to further strengthen its position in the retail industry, has recently increased its investment in cashierless technology in its brick-and-mortar stores, in an effort to surpass Walmart in this particular aspect.

Benzinga LogoBenzinga1w ago

 Amazon, seeking to further strengthen its position in the retail industry, has recently increased its investment in cashierless technology in its brick-and-mortar stores, in an effort to surpass Walmart in this particular aspect. - Benzinga

Quick Summary:

Amazon.com Inc (NASDAQ:AMZN) has announced plans to significantly expand its “Just Walk Out” cashierless shopping technology in third-party stores throughout the year, aiming to more than double its current deployment from 140 stores. 

This technology lets customers shop without waiting at a register.

They scan an app to enter and automatically pay for their items as they leave. 


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 Amazon, seeking to further strengthen its position in the retail industry, has recently increased its investment in cashierless technology in its brick-and-mortar stores, in an effort to surpass Walmart in this particular aspect. - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-18 @ 12:53:22 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20721447

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 33 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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The story " Amazon, seeking to further strengthen its position in the retail industry, has recently increased its investment in cashierless technology in its brick-and-mortar stores, in an effort to surpass Walmart in this particular aspect." was covered 1 weeks ago by Benzinga, a news publisher based in United States.

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Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 33 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #20721447
  • URL: https://beamstart.com/news/amazon-aims-to-outdo-walmarts-17134459465636

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