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Hello Omni Talk Fans. Every two years the size of Amazon's "Just Walk Out" technology footprint triples.
2018 - it was 3,000 square feet.
2020 - it was 10,000 square feet.
2022? - could it be 30,000 square feet?
That is what Bloomberg is reporting, and so I just had to pen my take on the momentous news in Forbes last week.
It just may be the most important article I have ever written, as the threat is about as serious as a heart attack for the grocery industry.
You can find the article above or by clicking here.
In today's other Fast Five headlines:
- Walmart is pulling the plug on in-store automated pickup towers. (Read More)
- Tractor Supply Company keeps on trucking with plans to open 90 more stores this year. (Read More)
- Affirm acquires returns payment platform Returnly for a cool $300 million. (Read More)
- Panasonic plans to buy Blue Yonder, formerly JDA, for $7.1 billion. (Read More)
- And Amazon oddly is letting customers interact more directly with 3rd party suppliers. (Read More)
Stop the world, we want to get off.
What's next? Nathan's Hot Dogs going into Walmart?
Oh, sh*t, that's happening too? (Read More)
Be careful out there,
-- Chris, Anne, and the entire Omni Talk team
P.S. On Thursday, I will be taking part in the live Global Retailing Ideas Summit from the Terry J. Lundgren Center for Retailing at the University of Arizona, along with the likes of Brian Cornell, Chip Bergh, and Hubert Joly.
Surefront CEO Luke Wang and I will be talking what's next in merchandising and product development collaboration technology.
Our session is 100% free for those interested, and you can sign up below.
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