Amazon planning expansion of Whole Foods throughout U.S.

The e-commerce giant is doubling down on Whole Foods’ brick-and-mortar operation

TRD NATIONAL /
Dec.December 31, 2018 02:00 PM

Jeff Bezos and a Whole Foods store (Credit: Getty Images)

Amazon’s acquisition of Whole Foods last year had the real estate world wondering if the brick-and-mortar grocer would move more toward an e-commerce model or stick with its stores.

Whole Foods now says it is planning to build new stores and expand to new markets throughout the United States, according to the Wall Street Journal.

Amazon is seeking to bring Whole Foods to more suburbs and locations that would bring customers within the company’s two-hour delivery service. Whole Foods did not say how many new stores it plans to open, but Amazon officials have been looking at locations in Idaho, Utah and Wyoming, all areas where the chain has no locations, according to the Journal.

Whole Foods operates about 475 stores in the United States.

The new stores could be bigger than existing Whole Foods locations, with the extra space being used for Amazon’s delivery services and online order pickup.

After shaking up the retail industry with the popularity of its e-commerce platform, Amazon is now a huge player in the real estate world.

The company is about halfway to its goal of having a warehouse within 20 miles of every U.S. consumer. In September, it opened its first Amazon Go store in Chicago, its first outside of Seattle, as part of its plan for 3,000 new cashier-free stores nationwide that could cost upward of $3 billion.

In November, the Seattle-based company announced it will open two new headquarters in Long Island City and Crystal City, Virginia. The company could occupy as much as 8 million square feet of office space in New York and more than 4 million square feet in suburban Virginia. [WSJ] — Joe Ward

 

Related Articles

arrow_forward_ios
Jeff Bezos and 2420 South Halsted Street (Getty, Google Maps)

Amazon adds to Chicago presence with Bridgeport warehouse

Amazon adds to Chicago presence with Bridgeport warehouse
The former Target in Calumet City will be converted into a working farm (Google Maps)

For latest retail redevelopment, old Target will become new farm

For latest retail redevelopment, old Target will become new farm
Amazon CEO Jeff Bezos with 3507 W. 51st St. (Courtesy 42 Floors; Getty)

Amazon inks lease for Chicago warehouse; 12th statewide

Amazon inks lease for Chicago warehouse; 12th statewide
Prologis’ Hamid Moghadam and an aerial of 3501 120th Ave in Kenosha, Wisconsin (Prologis; Google Maps)

Prologis sells Amazon fulfillment center in Kenosha for record price

Prologis sells Amazon fulfillment center in Kenosha for record price
Jeff Bezos, Amazon facility at 15924 Western Ave in Markham, Illinois (Credit: Phillip Faraone/Getty Images and Google Maps)

Amazon to open 2 new massive fulfillment centers in Chicagoland

Amazon to open 2 new massive fulfillment centers in Chicagoland
Cook County Assessor Fritz Kaegi and downtown Evanston

Cook County landlords get bad news about 2020 taxes

Cook County landlords get bad news about 2020 taxes
Joe Sitt and 905 W. Fulton Market (Credit: Thor Equities)

Thor Equities’ big bet on Fulton Market is paying off

Thor Equities’ big bet on Fulton Market is paying off
Ald. Walter Burnett (27th)

Alderman Burnett to lift ban on resi development in Fulton Market

Alderman Burnett to lift ban on resi development in Fulton Market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...