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Amazon will shut down all services Amazon Go and Amazon Fresh The company announced Tuesday that it will increase its focus on Whole Foods Market.
Amazon said it plans to convert some stores to Whole Foods Market stores. The company currently operates 57 Amazon Fresh and 15 Amazon Go stores, according to the Associated Press.
“While we have seen some bright spots with Amazon-branded physical grocery stores, we have yet to create a truly distinctive customer experience with the right economic model needed to scale at scale,” the company said in a blog post.
Fresh and Go’s last day of operation is February 1st.
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Amazon billboard during the 2024 CES event on Wednesday, January 10, 2024 in Las Vegas, Nevada, USA. (Photographer: Bridget Bennett/Bloomberg via Getty Images/Getty Images)
“We are also increasing our investment in physical stores that are resonating with our customers. Whole Foods Market, a pioneer and leader in natural and organic foods, has experienced great success since our acquisition in 2017, increasing sales by more than 40% and expanding to more than 550 stores,” the company said.
“More customers are choosing Whole Foods Market for both everyday shopping and special occasions, as evidenced by record foot traffic and year-over-year same-store growth that outpaces the industry. To accelerate this growth, we are currently planning investments to open more than 100 new Whole Foods Market stores over the next few years.”
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Amazon is increasing its focus on Whole Foods. (Peter Daisley/Getty Images/Getty Images)
The company said it “plans to introduce new store concepts” over the next few years, including “a new supercenter brick-and-mortar retail concept” that includes “fresh groceries, household goods and general merchandise.”
This shift in focus comes days after reports that Amazon plans to cut thousands of jobs as part of a broader effort to cut nearly 10% of its internal workforce.
after the first Approximately 14,000 white-collar jobs were cut in OctoberAmazon plans to begin a second round of layoffs that will affect a similar number of employees, with an overall target of about 30,000, although the scale may change, two sources cited by Reuters said.
A sign reading “Just walk Out Shopping” is painted next to a display of fresh fruits and vegetables inside an Amazon Fresh store. (Niklas Hallen/AFP via Getty Images/Getty Images)
If fully realized, the layoffs would be the largest layoff in Amazon’s history, surpassing the roughly 27,000 jobs the company cut in 2022.
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Amazon CEO Andy Jassy said last year that Retailer Corporate Employee It is likely to decrease as a result of efficiency gains through the use of AI.
