Amazon Fresh, take 2

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buckguy
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Re: Amazon Fresh, take 2

Post by buckguy »

marketreportblog wrote: April 4th, 2024, 6:02 am A small-format Amazon Fresh in Seattle is closing:
https://www.seattletimes.com/business/a ... itol-hill/
A similar format DC store closed today. They did a 75% off clearance. The store closed on very short notice and not everyone was able to get their packages from the Amazon locker inside.
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Re: Amazon Fresh, take 2

Post by ClownLoach »

buckguy wrote: April 7th, 2024, 6:13 pm
marketreportblog wrote: April 4th, 2024, 6:02 am A small-format Amazon Fresh in Seattle is closing:
https://www.seattletimes.com/business/a ... itol-hill/
A similar format DC store closed today. They did a 75% off clearance. The store closed on very short notice and not everyone was able to get their packages from the Amazon locker inside.
I suspect any store they don't intend to remodel to the newer format is going to make the same sudden disappearance soon. They still are sitting on a mountain of money specifically held back from earnings to pay lease severance and other expenses. My closest Fresh is a converted Rite Aid so also a smaller than normal format and that has severely hindered its business.
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