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Amazon is ramping up its physical presence
March 6, 2019

From the Wall Street Journal:

Shopping center owners have long blasted Amazon.com Inc. as a destroyer of their business. Now some are starting to view Amazon as a potential savior.

At a time when Sears Holdings Corp. and Macy's Inc. are shutting down stores, and many malls are struggling to attract high-profile tenants to fill empty spaces, the giant online retailer has been ramping up its presence in physical retail.

Amazon plans to open more Whole Foods stores that could include new formats after retreating from a smaller store experiment called 365, according to the chain's chief executive in comments made at a forum last week. Amazon is also experimenting with different types of brick-and-mortar outlets, from book shops to pop-up stores. It is also testing cashierless convenience stores, known as Amazon Go, and "4-star" stores that sell items with a four-stars-and-above rating on its website.

Now, in what would be one of Amazon's most aggressive moves yet into physical retail, the company is planning to launch a new grocery store chain with dozens of locations in major U.S. cities, The Wall Street Journal reported Friday citing people familiar with the matter.

Continue reading at the Wall Street Journal...

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