Amazon's Grocery Stores
Two Amazon grocery stores will open soon in Seattle, the company's home town. They will function around a drive-in concept with customers ordering online then staying in their car while their order is brought to them. The company is planning to grow its food and beverage business from its current $9 billion (1% market share in US) to $23 bn in five years. It will capitalise on its expertise in logistics and distribution, and the drive-in store would cut costs dramatically. Amazon is planning to open its fourth physical bookstore in Chicago next year and, apparently, has plans to start testing apparel stores.
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