Amazon reportedly planning to open a grocery store chain separate from Whole Foods

  • Thread starter Thread starter The Verge RSS
  • Start date Start date
T

The Verge RSS

Guest
Author: Nick Statt

mdoying_180411_2466_0050stills.0.jpg

Amazon plans to launch a new chain of grocery stores with dozens of locations centered around major US cities later this year, reports The Wall Street Journal. These stores would be distinct from both the company’s existing Whole Foods chain and its cashier-less Go convenience stores. The goal, the WSJ reports, would be to better penetrate the traditional grocery market dominated by companies like Albertson’s, Kroger, Publix, and Walmart.

Amazon would reportedly use acquisitions of smaller grocery chains, with a dozen or so locations, to expand its grocery footprint, but it’s unclear whether the new stores would carry the Amazon name or a separate, new sub-brand. The WSJ reports that Amazon has already signed leases for locations in...

Continue reading…

Continue reading...