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CRETECH January 22, 2018
Starting today, you can walk into a grocery store, grab what you want, and walk out — without ever dealing with a checkout line. USA Today reports that Amazon officially is opening its first Amazon Go grocery store, which eliminates all checkout lines, after testing the concept for a year. The location is in downtown Seattle, and it's open on weekdays from 7 a.m. to 9 p.m. Advertisement Rel...
CRETECH January 22, 2018
Walmart recently applied for a patent for a system that allows customers to preview food items selected for their online orders through pictures, according to CB Insights. The system, which is referred to as a “Fresh Online Experience” in the patent, would use 3D scanning to show online shoppers in-store items. The system gives customers the ability to choose the exact items that will be put i...
CRETECH January 22, 2018
Amazon to open checkout-free store in Seattle CNN 6:46 AM, Jan 22, 2018 48 mins ago Share Article Amazon is about to open its long-promised convenience store with zero checkout lines. Amazon 2018 Cable News Network, Inc. Show Caption Hide Caption Previous Next Attention Seattle shoppers: Amazon is about to open its long-promised convenience store with zero checkout lines. Customers must scan the A...
CRETECH January 22, 2018
Amazon is breaking into physical retail in a new way. Amazon's checkout-free grocery store opens in Seattle on Monday. The online retail giant first started testing its grocery store with employees in December 2016, when it also revealed its vision for a store without cashiers. The store, called Amazon Go, doesn't work like a typical Walmart or supermarket — instead, it's designed...
CRETECH January 22, 2018
Retail powerhouse Amazon is disrupting retail yet again, with the opening of its checkout-free Amazon Go grocery store in Seattle. It looks and feels like a regular grocery store, but with one major difference: There's no checkout — and no checkout lines. Upon entering, shoppers scan a special smartphone app that registers them into the store. After grabbing their items, customers are free ...
CRETECH January 22, 2018
Amazon opening "Go" store with no cashiers or checkout lines Shoppers enter the Amazon Go store located in Amazon's office building in Seattle, while store was being tested, on January 18, 2018 JEFFREY DASTIN / REUTERS Share Tweet Reddit Flipboard Email SEATTLE-- Amazon employees have been testing it, but is the public ready for a cashier-less store? More than a year after it introd...
CRETECH January 22, 2018
In 2017, publicly-traded REITs in the industrial, data center and infrastructure sectors outperformed the other general REIT categories. Among REITs last year, the I’s—industrial, information and infrastructure—had it, and had it in a big way. But will those sectors repeat their great feats in 2018? Or will other sectors bypass them in terms of performance? In 2017, publicly-traded REITs in ...
CRETECH January 21, 2018
I've written about real estate accelerators before, and even questioned how many of them the industry can support. The real estate accelerator space got a tad more crowded last week. The clear leader in accelerators, Techstars, is partnering with Colliers to launch the Colliers PropTech Accelerator Powered by Techstars. My biggest questions: “Proptech” is a massively broad category encomp...
CRETECH January 21, 2018
What was supposed to be an awe-inspiring trip to the Bay Area, turned into an experience of validation and self-affirmation for a group of Chinese tech entrepreneurs and start-up founders. Far from being struck by the advances in technology and society in Silicon Valley, the delegation was shocked at the prevalence of cash, that food deliveries shut down overnight and most people drive, not bike, ...
CRETECH January 21, 2018
(CNN Money) — The race is on: Amazon has announced its list of 20 cities that are finalists to host its second headquarters. But who will — and who should — win? CNN Opinion teamed up with CNNMoney to ask experts and thinkers for their views. Related: Boston Among Amazon HQ2 Finalists Roxanne Jones Who will win: Austin, Texas, seems hot right now for the tech giants. Considering the Amazon-o...