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.
ClownLoach
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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.
lake52
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Re: Amazon Fresh, take 2

Post by lake52 »

I saw some Fire Alarm permit activity at the Roseville store the other day but didn’t think much of it, maybe just the contractor trying to close some stuff out.

Now I see it’s been reported that the Citrus Heights location has applied for a permit with CA ABC and work has resumed at the Elk Grove location. Looks like the Sacramento stores are actually going to open.

https://www.bizjournals.com/sacramento/ ... grove.html
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Re: Amazon Fresh, take 2

Post by ClownLoach »

They apparently are still building in Fountain Valley. I don't think that ever stopped, as the announcement and groundbreaking all started after they had officially mothballed the new stores and canceled some sites. Every time I go into one I leave questioning myself (why did I think this would be any better this time than before?). But if it is true that they merged the WFM and Fresh management, systems, everything else together then it is likely we will see some improvements. I'm really surprised by the improvements I've seen at WFM especially the program to pack more SKUs into the smaller boxes with more creative fixtures and such. Visiting a reworked WFM in Santa Barbara versus a comparable size Fresh - it felt like the WFM had double the assortment.
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