Amazon.com, Inc. (NASDAQ:AMZN) is denying claims that it plans to open 2,000 grocery stores in the U.S.
A recent report from The Wall Street Journal claims that the online retailer was planning a huge expansion into the physical retail space. However, Amazon.com, Inc. says that this isn’t the case. These claims came during the same week AMZN opened a test store in Seattle, Wash.
“We have no plans to open 2,000 of anything. Not even close. We are still learning,” an Amazon.com, Inc. spokesperson told CNBC.
It isn’t just WSJ that claims the company is planning 2,000 grocery stores. Business Insider made similar claims in October. This report says the company is planning to open as many as 2,000 stores in the United States in the next decade.
Amazon.com, Inc. does have some stores in the United States already. It currently operates three physical bookstore locations. There are also plans for two more bookstores. The online retailer also has roughly two dozen pop-up stores around the United States, reports CNBC.
The new store that Amazon.com, Inc. is testing in Seattle, Wash is an Amazon Go location. This store allows customers to sign into an app and leave without going through a checkout lane. The store uses deep learning to monitor a person’s shopping and charges the trip to their AMZN account once they’ve left the location.
You can learn more about the Amazon Go location, which is currently only available for testing by certain Amazon.com, Inc. employees, by following this link.
