An Impending Invasion of Robots across Stores in Asia
labor shortages and rising overhead costs, is the future of retail really in robotics?
Asians may not be feeling it yet, but trends start innocently
If you think about it, going to a store with no one else but fellow customers seems like a sad,
However, just two years ago, a rising number of Singaporean retail operators scrambled to automate parts of their operations to reduce overall
In 2018, businessman Zilin Chen launched the fully automated and unmanned retail store BingoBox in China. The store uses AliPay and WeChat Pay to accommodate
According to the CEO of BingoBox, their current system allows just seven people to main 45 BingoBoxes throughout China. When asked about the similarities of Amazon Go and BingoBox, Chen was quick to counter, as he said that BingoBox was working on solving other kinds of problems.
The biggest difference he said, was that Amazon Go may be cashier-less, but they still had people working on merchandising to support the cashier-less retail environment.
Amazon Go launched a few years ago and promises US consumers “the most convenient way to shop.” Go stores are currently still being planned throughout the US, the latest of which will be set up in Atlanta. In contrast, there are now 300 BingoBoxes throughout China, spread out in thirty cities.