This idea dates back to the early days of UHF RFID... it didn't work back then, and not much has changed in the technical fundamentals that would make me think it has suddenly become possible. There are some new uses cases in retail... but they revolve around new (non-checkout) business plans.
I would LOVE nothing more than to be proven wrong... so I hope they find a way to make it work!
(I happen to be an expert in this field... happy to talk more, as it's still a major interest area.)
Maybe the bigger possibility is that it allows stores to present and sell their goods in afar more decentralized way that gets them closer to where consumers are. If on-demand workers, or drones, could restock inventory, and shoppers just needed an app to make purchases, then shopping malls could disolve into the surrounding cityscape.
http://www.telegraph.co.uk/comment/personal-view/11472142/Ho...