Amazon's Ambitious Grocery Store Expansion Calls For 2,000 Stores In Next Decade

Amazon Fresh

Amazon’s push into brick-and-mortar isn’t tapering off any time soon. The e-commerce giant announced earlier this month plans to expand further into the grocery business by opening minimalistic convenience stores and curbside grocery pickup stations, and it seems those ambitious plans include as many as 2,000 grocery stores opening over the next decade.

The company says 20 of its AmazonFresh stores will open in major US cities over the next two years, with others coming depending on the success of the first batch, RetailDive reports. Half of the first 20 stores will only offer “click-and-collect” grocery pickup while the other half will follow the traditional grocery store format.

Amazon is still fine-tuning its pricing for AmazonFresh, deciding between opening stores to the public or whether it should keep them reserved for customers who pay $15 per month as part of the program. [RetailDive]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

'Redefining Industry Standards': RCG's 3-Pronged Approach To Building Automation

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift