Amazon converting Fresh supermarkets, Go stores to Whole Foods locations

Date:


The exterior of an Amazon Fresh grocery store is seen on December 12, 2024 in Federal Way, Washington. 

David Ryder | Getty Images

Amazon said Tuesday it plans to sunset its Fresh and Go brick-and-mortar chains, marking a major pivot in the company’s grocery strategy.

“After a careful evaluation of the business and how we can best serve customers, we’ve made the difficult decision to close our Amazon Go and Amazon Fresh physical stores, converting various locations into Whole Foods Market stores,” the company wrote in a blog post.

Amazon said the closures are part of an effort to prioritize investments, noting it still plans to roll out other brick-and-mortar concepts, including “a mass physical store format.” It will continue to operate its Fresh online grocery service, the company said.

For almost two decades, Amazon has been determined to become a bigger player in the grocery market. In 2017, the company spent $13.7 billion to acquire Whole Foods, the largest deal in its history.

Amazon debuted its Fresh grocery chain in 2020, with an eye toward mass-market shoppers. The rollout was turbulent in its early days, with Amazon opening a flurry of locations, before it shuttered some stores and halted expansion of the chain.

The company launched a revamped Fresh store concept in 2023, but it continued to downsize the chain. Amazon shuttered all of its U.K. Fresh stores last September, and closed a handful of locations in Southern California soon after.

This is breaking news. Please refresh for updates.



Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

‘KPop Demon Hunters’ Spends 6th Month at No. 1 on Top Movie Songs Chart

KPop Demon Hunters still can’t be stopped on Billboard’s...

Grammy Nominations Exclude Interpolated Songwriters. Should It Change?

For about two weeks, Mike Chapman thought he had...

No need to wait for Trump accounts—you can open a 529 plan now

Parents with children under age 18 can now begin...

NHL Player Rasmus Dahlin’s Fiancée on Pregnancy Loss

Bebe Rexha Shares She Suffered Pregnancy Loss After...