12/7/2018, 1:59 PM (Source:
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Amazon eyes airports for its checkout free stores Inc. is looking into expanding its chain of checkout free stores called Amazon Go to airports, the Associated Press reported citing public records and a source with knowledge on the company's strategy. The report said that a number of Amazon's managers requested to meet with airport representatives in California in June, asking to discuss Amazon Go. A spokesperson for the company, however, declined requests to comment on the matter.

Amazon Go is a new store concept where customers scan their smart phones on the entrance, which allows them to get automatically charged on their credit cards for their purchases. Stores are also equipped with cameras which register the items picked up by the customers. The e-commerce giant opened stores in Chicago, San Francisco, and Seattle since January. Additionally, Amazon is planning to open an outlet in New York City, close to the World Trade Center.

Amazon shares added 0.11% during premarket trading.

Breaking the News / SS