Amazon plans to eventually 'go big' on physical grocery stores
Many of the layoffs Amazon recently announced were in its grocery division. It has closed several of itsand put plans to open new ones on hold as it tries to find a format and formula that works. Jassy noted that many Fresh locations opened in the midst of the COVID-19 pandemic and as such Amazon hasn't"had a lot of normalcy."closing
all of its bookstores, 4-star shops and pop-up locations across the US and UK. The aim at the time was to focus more on the grocery side of things as well as physical clothing stores. However, Amazon took a $720 million hit last quarter due to slowing down its grocery expansion plans. All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.
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