Amazon Refutes Report About Setting Up 2,000 Grocery Stores

Earlier this week Amazon unveiled its idea of the grocery store of the future. It released a short video showcasing the concept of Amazon Go, a grocery store where customers simply grab the items that they need and go. The store doesn’t have any cashiers or checkout lines, it relies on sophisticated technology to process purchases. It was later reported that Amazon’s retail ambitions included setting up more than 2,000 stores across the United States but the company has refuted that report.

The Wall Street Journal had reported two days after Amazon showed its concept that the company was planning to open more than 2,000 grocery stores under its name. Amazon has released an official statement refuting that report.

“It’s absolutely not correct,” says Amazon spokeswoman Pia Arther, adding that “We have no plans to open 2,000 of anything. Not even close.”

The report also claimed that Amazon was planning to open a massive discount retail store spread across a 40,000 square foot facility. Amazon says that’s not true as well, “No plans to build such a store,” the spokeswoman said.

This wasn’t the first time someone has reported on Amazon’s retail ambitions. While the company has been building a physical presence by setting up bookstores and now a concept grocery store in its hometown of Seattle, it appears that Amazon isn’t interested in immediately disrupting the retail industry. Who knows what the future holds, though.

Adnan Farooqui
Categories: General
Tags: Amazon, Amazon go