US EditionAmazon Shifts Grocery Focus To Online And Whole Foods As It Closes All Fresh And Go Stores
Amazon will convert some closed stores to Whole Foods Market and focus on perishables as 72 Amazon-branded grocery stores underperform, analysts said.
- On Tuesday, Amazon announced it is shutting down all 72 Amazon-branded grocery stores, with most locations' last day set for Sunday.
- Amazon said Fresh and Go never delivered a distinctive customer experience or the right economic model, while Neil Saunders noted the stores lacked sales and growth to be profitable.
- Amazon's retail footprint included 58 Amazon Fresh stores and 14 Amazon Go stores, while its Just Walk Out technology serves more than 360 third-party locations.
- Amazon confirmed that 16,000 layoffs include thousands of hourly workers and said it will convert some closed sites into Whole Foods Market stores while keeping its 550-store chain open.
- Amazon will pivot toward building AI data centers, stocking more produce in same-day delivery warehouses, and expanding its five-store Whole Foods Market Daily Shop experiment while saying `We’ll be back.
13 Articles
13 Articles
Amazon is closing its futuristic Go and Fresh stores—showing logistics and tech aren't enough to make old-school retail work
As any local shop owner will tell you, running a brick-and-mortar business in the age of Amazon is an uphill battle. That’s a lesson that Amazon itself has just learned. The e-commerce giant said on Tuesday that it was closing its “Fresh” grocery stores as well as its automated grab-and-go “Go” shops, adding to its list of failed brick-and-mortar experiments. “While we’ve seen encouraging signals in our Amazon-branded physical grocery stores, we…
Amazon has been a pioneer for shops where you can easily grab products off the shelf and get out. Payment has been regulated by cameras and sensors, but this technology seems to be too expensive.
Amazon Is Shutting Down Every Amazon Go and Amazon Fresh Store. Here's What Went Wrong
The era of Amazon Fresh and Amazon Go is officially over. The e-commerce giant announced it’s closing all 72 locations after a decade-long experiment. Amazon will convert some locations into Whole Foods stores and plans to open more than 100 new Whole Foods locations in coming years. The ...
Amazon is closing its Fresh and Go physical retail locations
(Credit: Amazon)🍎 Amazon has announced it’s closing its Amazon Fresh and Go stores🏪 In place, it’s converting some of them into Whole Foods Market locations📈 Amazon is doubling down on Whole Foods locations, with more than 100 new stores set to open in the next few years🤔 It has also said it is still exploring other options for Amazon-named physical stores in different waysAmazon has announced it’s closing its Amazon Fresh and Go physical lo…
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