Don’t miss the full story, whose reporting from Anne D’Innocenzio at The Associated Press is the basis of this artificial intelligence-assisted article.
Amazon is closing all of its Amazon Go and Amazon Fresh physical stores to focus on grocery delivery, Whole Foods Market expansion and developing a new supercenter retail concept.
Some key facts:
• Amazon is shutting down all 57 Amazon Fresh stores and 15 Amazon Go stores.
• Some closed locations will be converted into Whole Foods Market stores.
• The company stated it hasn’t created a distinctive customer experience with the right economic model for large-scale expansion.
• Whole Foods Market has experienced more than 40% sales growth since Amazon acquired it in 2017 and now operates over 550 locations.
• Amazon plans to open more than 100 new Whole Foods Market stores over the next few years.
• The company delivers groceries to 5,000 U.S. cities and towns, with same-day delivery expanding this year.
• Amazon is developing a new “supercenter” physical retail concept combining fresh groceries, household essentials and general merchandise.
• The “just walk out” technology from Amazon Go stores now operates in more than 360 third-party locations across five countries.
This article is written with the assistance of generative artificial intelligence based solely on Washington Times original reporting and wire services. For more information, please read our AI policy or contact Steve Fink, Director of Artificial Intelligence, at sfink@washingtontimes.com
The Washington Times AI Ethics Newsroom Committee can be reached at aispotlight@washingtontimes.com.
