Amazon Expands Physical Grocery Chain
The food and grocery business cannot be won via clicks - you need physical presence. Amazon, which bought Whole Foods for $14 billion in 2017, is opening a whole new chain that will feature less healthy merch. This tells us how the grocery business will be won!
Amazon is doubling down on the grocery game.
The retail giant has posted job listings for “Amazon’s first grocery store” in the Los Angles suburb of Woodland Hills. The venture will be separate from the company’s Whole Foods subsidiary.
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Amazon did not supply many details about the story, only telling Fortune “Amazon is opening a grocery store in Woodland Hills in 2020.” The company added that the stores won’t use the Amazon Go technology found in the company’s brick and mortar locations, opting instead for a conventional check-out experience. One of the job listings is for a food service associate, indicating the store will offer prepared foods as well as staples.