Amazon Stock Hits All Time High After Cloud Earnings Soar


Amazon Expanding Amazon Go stores outside its home base.

After success at the pilot store in Seattle $AMZN s looking for store managers for the new Amazon Go stores in Chicago and San-Francisco. Recode had earlier reported that Amazon plans to roll out the new services to nearly six cities in 2018.

Just like how the company has a significant influence on online shopping via Prime, it hopes to raise the bar for brick-and-motor shopping via Amazon Go. To compete with Amazon in this space, Walmart is also working on developing a similar cashier-free store.