More than a year and a half after its blockbuster deal to acquire Whole Foods Market, Amazon is reportedly planning to open dozens of its own grocery stores in several major U.S. cities, according to a Wall Street Journal report.
The e-Commerce giant plans to open its first grocery store in Los Angeles by the end of 2019, and already has signed leases for at least two other grocery locations, with their openings planned for early 2020, a source told the WSJ. Potential cities include San Francisco, Seattle, Chicago, Washington, D.C. and Philadelphia, the report said.
It is unclear whether the stores would carry the Amazon name or branding, and the stores aren’t intended to compete directly with Whole Foods. The new chain would instead offer a wider variety of products at a lower price point than Whole Foods.The stores would be smaller than the typical 60,000-square-foot grocery store; the leases indicate Amazon is seeking approximately 35,000 square feet of space.
This report comes two months after another WSJ article indicated that Amazon had plans to expand Whole Foods locations…