Will Amazon be opening ‘dozens’ of supermarkets across the US?

Amazon has outlined its plans to open ‘dozens of supermarkets’ across the US, according to reports.

The online shopping giant is turning up the heat in its fight with the major grocers with hopes to open its first supermarket in Los Angeles by the end of the year. The firm has signed leases to open at least two others next year.

Insiders have also told the Wall Street Journal that Amazon is looking at buying up regional grocery chains with about a dozen outlets each as part of a plan to broaden its business.

The new shops would be separate from Whole Foods, th chichi organic supermarket chain.

Commentators have suggested that the new stores, aimed at more mainstream customers, could carry items from big brands and compete with names like Walmart, Target and regional grocers.

An Amazon representative has stated that the company did not comment n rumours or speculation.

About Robert Hutchins

Robert Hutchins is the editor of Licensing.biz and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent almost eight years with both ToyNews and Licensing.biz, and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

Check Also

Autumn Fair over 75% booked

The countdown is on for the UK’s leading marketplace for wholesale Home, Gift, Fashion, and …