Amazon Shuts Down Go and Fresh Stores, Focusing on Grocery Delivery and Whole Foods Expansion
In a move that signals a significant shift in its grocery business strategy, Amazon has announced that it will be closing all of its remaining physical stores under the Amazon Go and Amazon Fresh banners. The closures come as the e-commerce giant shifts its focus towards online grocery delivery and expansion into Whole Foods Market stores.
The decision was made despite "encouraging signals" from the company's brick-and-mortar locations, according to an Amazon blog post. However, the firm believes that it has yet to create a distinctive customer experience that can support large-scale expansion.
Instead of continuing to operate its own grocery stores, Amazon will be converting some locations into Whole Foods Market outlets. This move is expected to help drive growth for the company in the retail sector.
Amazon will also provide support to employees working at Go and Fresh stores, with job opportunities available within the company.
As part of its ongoing efforts to expand its presence in the grocery market, Amazon has announced plans to open over 100 new Whole Foods Market locations in the coming years. The company's focus on grocery delivery is also expected to continue, with services like Amazon Fresh and Amazon Now set to play an increasingly important role.
Amazon has hinted at the possibility of introducing new types of physical locations in the future, including "supercenters" that would offer a broad selection of goods from Amazon. However, this concept appears to be met with skepticism by some observers, who view it as essentially being a rebranding of a traditional supermarket.
In addition to its retail efforts, Amazon is also continuing to deploy its checkout-less Just Walk Out technology in various settings, including hospital cafeterias and sports arenas. This technology allows customers to browse products without checking out, with the items automatically added to their order at checkout.
Despite these efforts, some have raised concerns about the potential for Amazon's use of this technology to be used to monitor employees' behavior more closely.
In a move that signals a significant shift in its grocery business strategy, Amazon has announced that it will be closing all of its remaining physical stores under the Amazon Go and Amazon Fresh banners. The closures come as the e-commerce giant shifts its focus towards online grocery delivery and expansion into Whole Foods Market stores.
The decision was made despite "encouraging signals" from the company's brick-and-mortar locations, according to an Amazon blog post. However, the firm believes that it has yet to create a distinctive customer experience that can support large-scale expansion.
Instead of continuing to operate its own grocery stores, Amazon will be converting some locations into Whole Foods Market outlets. This move is expected to help drive growth for the company in the retail sector.
Amazon will also provide support to employees working at Go and Fresh stores, with job opportunities available within the company.
As part of its ongoing efforts to expand its presence in the grocery market, Amazon has announced plans to open over 100 new Whole Foods Market locations in the coming years. The company's focus on grocery delivery is also expected to continue, with services like Amazon Fresh and Amazon Now set to play an increasingly important role.
Amazon has hinted at the possibility of introducing new types of physical locations in the future, including "supercenters" that would offer a broad selection of goods from Amazon. However, this concept appears to be met with skepticism by some observers, who view it as essentially being a rebranding of a traditional supermarket.
In addition to its retail efforts, Amazon is also continuing to deploy its checkout-less Just Walk Out technology in various settings, including hospital cafeterias and sports arenas. This technology allows customers to browse products without checking out, with the items automatically added to their order at checkout.
Despite these efforts, some have raised concerns about the potential for Amazon's use of this technology to be used to monitor employees' behavior more closely.