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Casino gambles on Amazon-style checkout free Champs Elysees store
Casino is doing away with cashiers in a new shop near the Champs Elysees in a French version of the Amazon Go checkout-free convenience stores in the US. It is trying to adapt to the challenges of online shopping and more such stores could be on the cards if the format is successful, said Tina Schuler, who heads its Geant, Leader Price and Casino supermarkets.
Chennai
As well as the threat posed by online competitors, Casino is battling to ease investor concerns over its debt levels and intense competition within France, which have sent its shares down by some 30 pc since the start of the year.
The new store, selling 6,000 products including gourmet groceries and organic food, features image recognition technology and allows shoppers to buy with a Casino App and pay online or at a self-service check-out. Casino is not alone in its experiments. Earlier this year Britain’s Sainsbury’s said it was trialling new technology that “gives shoppers the option to grab their groceries and skip the checkout completely.”
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