Amazon.com to close all of its Amazon Fresh UK stores

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Amazon.com said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, of which five would be converted to its Whole Foods Markets brand, less than five years after it entered the market.

Amazon Fresh pioneered “walk out” technology in Britain, enabling customers to skip the checkout line when they picked up groceries, including its own “by Amazon” brand.

It said on Tuesday it had taken the difficult decision to propose closing the stores after evaluating the business and the substantial growth opportunities in online…



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Amazon.com to close all of its Amazon Fresh UK stores



Amazon.com said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, of which five would be converted to its Whole Foods Markets brand, less than five years after it entered the market.

Amazon Fresh pioneered “walk out” technology in Britain, enabling customers to skip the checkout line when they picked up groceries, including its own “by Amazon” brand.

It said on Tuesday it had taken the difficult decision to propose closing the stores after evaluating the business and the substantial growth opportunities in online…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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