Amazon will open another, full-size market in an area of Los Angeles, and it won’t be under the Whole Foods brand – this is the latest report from our newsagents.
Earlier this year, Amazon went for a fish market in and around the California area. Amazon authority disclosed to us that the store won’t utilize the organization’s latest innovation of cashier-less checkout system as is found in the Amazon Go stores. Hence, it appears this basic food item chain will have new Amazon marking and a new approach of Amazon in the retail market.
Reportedly Wall Street magazine in the mid of this year already reported about such approach from Amazon, where they will move out from the so-called tendency of them to remain under the curtain. As per their report, Amazon would soon be found to take up deals on the wholesale and retail market in and around California and Philadelphia. Earlier, the Americans found the giant tech hub to get down to the wholesale market with fish market approach. Now it is moving to the next step, by enrolling itself in the grocery market.
The Woodland Hills store, as has been declared by the authority, will open in 2020, which additionally detailed that the store might be housed in what was before a Toys R Us, in view of Google Maps information. Beside the grocery hub approach from the giant tech hub, its Amazon-Go area, so they would be staging the Amazon Books and Amazon 4-Star physical retail chains too.
In one word, this approach from the US giant is going to be a big constrains for the existing grocery hubs and according to our newsagents, they are looking for healthy competition in the market. However, the general buyers are feeling enthralled with the new agenda of Amazon.