Amazon Says It Doesn't Plan to Open 2,000 Grocery Stores
December 08 2016 - 5:50PM
Dow Jones News
Amazon.com Inc. said Wednesday that it doesn't currently have
plans to open 2,000 grocery stores.
The Wall Street Journal on Monday reported that Amazon envisions
opening more than 2,000 brick-and-mortar grocery stores under its
name, depending on the success of new test locations, according to
people familiar with the matter. The Journal also reported that
Amazon is exploring multiple possible brick-and-mortar store
concepts, including a larger, multiformat store, and that it would
likely adopt 30,000- to 40,000-square-foot plans for such
stores.
An Amazon spokeswoman declined to comment for that story.
On Wednesday, Amazon said in a statement that it has "no plans
to open 2,000 of anything. Not even close. We are still learning."
The brief statement also said of the possibility of 30,000- to
40,000-square-foot stores, "We have no plans to build such a
store."
An Amazon spokeswoman declined to elaborate on the
statement.
Reached again after Amazon's statement, the people familiar with
the matter confirmed that Amazon envisions potentially opening
2,000 brick-and-mortar stores, depending on how its trials go. One
of those people confirmed that, on the larger-store concepts,
Amazon is considering stores as large as 30,000 to 40,000 square
feet.
Write to Laura Stevens at laura.stevens@wsj.com
(END) Dow Jones Newswires
December 08, 2016 17:35 ET (22:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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