Stock Groups

Britain’s Tesco opens checkout-free store in London By Reuters

by Mike Robinson

[ad_1]

2/2
© Reuters. FILEPHOTO: An elderly woman in a mask pulls a shopping cart to a Tesco grocery store in Hatfield, Britain on October 6, 2020. REUTERS/Peter Cziborra/File Photograph

2/2

LONDON, Reuters – Britain’s largest retailer Tesco (OTC) will open Tuesday its first check-out-free location in central London. Customers can shop online and pay for their products without having to scan them or interact with a cashier.

Tesco follows other competitors, such as Aldi (NASDAQ:), Morrisons and Amazon (NASDAQ 🙂 in making similar moves.

Following a successful trial in a Tesco Express staff store located at High Holborn, the company announced that “GetGo”, which was introduced to High Holborn’s Tesco Express store, follows the rollout of the product at its headquarters at Welwyn Garden City. This store is currently open and has been there since 2019.

Since opening in 2018, the High Holborn store is cashless.

The Tesco.com App will allow customers to walk out straight after they have checked in to the store and picked up their groceries.

Cameras and weight sensors will determine what products customers have purchased and then charge them directly via the app for the product.

After leaving the store, customers receive an instant receipt to their mobile phone.

Tesco stated that Trigo has been selected to help it roll out its technology.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]