To automate bigger stores than Amazon, Standard Cognition buys Explorer.ai

Standard Cognition helps retail stores stand up to Jeff Bezos’ juggernaut. The $50 million-funded autonomous checkout startup is racing to equip bigger shops with scanless payment technology that lets customers walk out the door without ever stopping at a cashier. While Amazon Go opens its own 2,000 square foot boutiques, Standard Cognition is working on […]

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Amazon is targeting airports for its next cashier-free Go store expansion, report says

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Amazon’s checkout-free Go stores are really starting to take off.

The online retail giant has been in contact with several major U.S. airports to discuss opening new cashier-less Amazon Go locations, according to public records.

Both Los Angeles International Airport (LAX), which is the second-busiest airport in the country, and San Jose International Airport (SJC) are locations Amazon expressed interest in, according to a Reuters report

One airport, Dallas Fort Worth International (DFW), reportedly reached out to Amazon first, expressing interest in bringing the e-commerce giant’s brick-and-mortar convenience store to its location. Read more…

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Amazon’s cashier-free Go stores may be coming to airports

According to a new report from Reuters, Amazon is looking at several top U.S. airports for potential locations for its cashier-free Go stores. The service cites public request records from airport operators suggesting meetings with the head of the retail service. Both the San Jose and Los Angeles airports have confirmed Amazon’s interest. Dallas appears […]

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Report: Amazon is testing cashierless checkout for larger stores

Amazon’s cashierless checkout technology is now being tested for use in larger stores, according to a report from The Wall St. Journal on Sunday. The system, which involves an array of cameras to track shoppers’ purchases alongside weight sensors on shelves, has been rolling out this year to smaller convenience stores across the U.S. in […]

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Standard Cognition raises $40M to replace retailers’ cashiers with cameras

The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and movement, not facial recognition. Open […]

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Amazon’s Storefronts is too little, too late for small businesses

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Nice try, Amazon. Trying to make us think you’re here to support small businesses. We see you with your glossy new “Storefronts” webpage on Amazon.com. 

In case you weren’t aware, Amazon has put a ton of pressure on brick-and-mortar businesses by undercutting them on price, sometimes with its own Amazon-branded products. Plus the company (currently worth more than $900 billion) has the power to charge business owners whatever it wants to have products listed on Amazon, because, really, what other option do they have?

But don’t mind that. Storefronts is all about highlighting products “exclusively from U.S. small and medium-sized businesses.” Amazon will air national TV commercials featuring some of those very sellers. The new online store will sell items from 20,000 small businesses, spanning 25 categories from back-to-school supplies to kitchen utensils.  Read more…

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