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Starbucks and Amazon are reported to have held talks on lounge concept
$Amazon (AMZN.US)$ and $Starbucks (SBUX.US)$ held discussions last year on a potential partnership to create co-branded lounges.
The potential deal was seen by Amazon as another way to expand on the Amazon Go as a service concept, while Starbucks was looking at introducing a new cashier-less cafe concept that could attract a different segment of traffic. "Our plan is to launch a co-located store, where customers can enjoy handcrafted beverages at a Starbucks cafe, and/or pick up delicious grab & go food from Amazon Go, without waiting in line," reads one of the documents on the proposed partnership.
It is unclear if the AMZN-SBUX talks are still ongoing.
Starbucks is due to report earnings on October 22 and Amazon is scheduled to enter the earnings confessional on October 28.
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