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Amazon Go Team Conducts ‘Internal Tests’ At Seattle Location

PYMNTS

At a prime retail location in the Capitol Hill neighborhood of Seattle, the Amazon Go team is running “internal tests.” The eCommerce retailer can easily absorb the costs of undercutting rivals and creating technology. Challenging Amazon isn’t an easy feat, however.

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Cashierless Stores Take Seattle Grocery Cues To Asia

PYMNTS

Thousands of miles from Seattle, where Amazon Go opened in January , the cashierless checkout model is taking hold in other parts of the world. It allows them to fully immerse themselves into the retail space with convenience and efficiency.”. The Marketplace of Cashierless Ideas.

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Amazon Prime Day Set For September As Operations Stabilize

PYMNTS

This spring, Seattle-based Amazon went on a hiring spree, unable to keep up with the boom in online sales. Now, Amazon is taking steps to get operations back on an even keel, according to The Wall Street Journal. In a COVID-19 world, the eCommerce scene changes quickly.

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Amazon Launches Job Training Program In Seattle

PYMNTS

Amazon is partnering with nonprofit organization FareStart to launch a job training program in Seattle’s South Lake Union neighborhood. The eCommerce giant is donating more than 25,000 square feet of retail space to help support living wage career opportunities for those in need. Poverty and income inequality are growing in Seattle.

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Amazon And Walmart’s Battle For Consumer Retail Spend

PYMNTS

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. It’s interesting that the cumulative annual revenue growth rate for the Seattle-based crew (since 2014) is 31.5 percent for retail.

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Restaurant Operator Blames Bankruptcy On Wage Hike

PYMNTS

an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. As a large employer in the Seattle metro market, for instance, the company was one of the first in the market to be forced to institute wage hikes.”.

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The Helpful Robots Of Automated Retail

PYMNTS

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

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