Amazon is to open its first grocery store. The opening will take place in California in 2020 and confirms the giant retailer’s clear intent to carve out a share of the food market. Amazon has already shown its ambition in this direction with the 2017 acquisition of the Whole Foods chain and its 500 outlets for US$13.2 billion. Amazon already offers a grocery delivery service through Amazon Fresh, Prime Now and Amazon Go. Rumours of the move to open a new chain of grocery stores were first published by The Wall Street Journal in March, but had not been confirmed. According to The Wall Street Journal, Amazon is also planning to open stores in Los Angeles, Chicago and Philadelphia. The name of the stores has not yet been publically announced.
Fri 22/11/2019 by Richard Wilkinson