retail news in context, analysis with attitude

In the UK, the Evening Standard reports that Amazon is planning to bring its Amazon Go checkout-free concept to London, with 10 sites chosen and another 20 sites under negotiation.

According to the story, "Amazon has been scouting for locations in capital for about two years, but now appears to have pounced amid a growing number of vacant high street shops fuelled by the economic fallout of coronavirus."

Amazon is not commenting.

KC's View:

I make it a policy of being a tad skeptical of these stories until Amazon confirms them … only because there tends to be a lot of wishful thinking out there about what Amazon is going to do next.  I also think that there is a reason that these high street shops are vacant … Amazon would have to be persuaded that this is a temporary thing, and that now is a good time to make a deal.