Amazon plans new grocery store in L.A. as it thinks about how to conquer the industry

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Amazon to open new grocery store in Los Angeles next year

Amazon.com Inc. said Monday that it planned to open a new type of grocery store in Los Angeles next year, another step in the e-commerce giant’s multi-pronged effort to capture a larger piece of the massive U.S. grocery business.

When Amazon made that deal, it sent shock waves through the industry. After all, Amazon had revolutionized the sale of books, electronics and countless other consumer goods with low prices, easy ordering and fast delivery, and now it was taking aim at the grocery business. Amazon, the thinking went, was about to bring radical change to Americans’ food-buying habits using Whole Foods as a springboard.

Meanwhile, Amazon is “mining data, experience and knowledge about the grocery business” through Whole Foods and its other projects, said Juozas Kaziukenas, founder of the research firm Marketplace Pulse. “They’re trying to understand what you need to run a grocery supply chain and how to take that supply chain and, in particular, apply it to online grocery delivery.”

Now comes the new type of store in Woodland Hills. Analysts said that although Amazon, as usual, was keeping it strategic aims close to the vest, the company undoubtedly is learning how it can bring innovation to grocery shopping just as it did with other consumer goods.

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Similar store under construction in East Long Beach? It’s all very hush-hush. Site of a former Albertson’s, part of the building demolished.

I'll never shop there & no more whole foods for me

It'd will be Filled With FAKE AND POISONRED FOOD AND PRODUCTS FROM CHINA!🤔🤔🤔🤔🤔

LA is a different beast however. I remember there was a Walmart grocery store near Chinatown/Echo Park area and it just didn’t take. The people didn’t want it and what it stood for.

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Bezos will kill all grocery businesses.

Can I live in a tent in front of the store

Big deal. If you want me to be impressed, open one in Compton.

Guess Whole Foods is not enough for Amazon.

LA SHOULD NOT BE LETTING THAT HAPPEN

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Amazon is hiring for its new type of grocery store - Business InsiderAmazon's new grocery store is opening in Woodlands Hills, California, in 2020. CNET was first to report the news.
Source: BusinessInsider - 🏆 729. / 51 Read more »