ElectricMan avatar

@ElectricMan

in /amazon 15 days ago

Amazon Is Closing Its Fresh Grocery, Go Convenience Stores

Amazon Is Closing Its Fresh Grocery, Go Convenience Stores - Featured Image

Amazon Is Closing Its Fresh Grocery, Go Convenience Stores

finance.yahoo.com - faviconfinance.yahoo.com
TLDR

Amazon is closing its Amazon Fresh and Amazon Go stores, with some locations being converted into Whole Foods Market stores. The company cited the need for a distinctive customer experience and a viable economic model for large-scale expansion as reasons for the closures. Amazon plans to continue investing in grocery sales both online and offline, including stocking more produce and perishables in its delivery warehouses and Whole Foods stores.

4Score: 4

0 Comments