Later in the article: "News of the company’s potential ambitions for AmazonGo sent shares of grocery and retail rivals lower. Walmart Inc. declined as much as 0.6 percent, reversing an earlier gain, while Target Corp. dropped about 1.5 percent and Kroger Co. slid as much as 3.1 percent." In other Amazon news, see Amazon Dominates as a Merchant and Platform. Europe Sees Reason to Worry (NYT)
"Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.Amazon Will Consider Opening Up to 3,000 Cashierless Stores by 2021 -- Bloomberg
Chief Executive Officer Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, where most spending still occurs. But he’s still experimenting with the best format: a convenience store that sells fresh prepared foods as well as a limited grocery selection similar to 7-Eleven franchises, or a place to simply pick up a quick bite to eat for people in a rush, similar to the U.K.-based chain Pret a Manger, one of the people said."