![]() ![]() “We’ve … decided over the last year or so that we’re not going to expand the physical Fresh doors until we have that equation with differentiation and economic value that we like, but we’re optimistic that we’re going to find that in 2023. 2, Amazon CEO and president Andrew Jassy told analysts during an earnings call that the company was pausing the opening of new Amazon Fresh stores while it experiments to try to find a format that resonates with customers. But Amazon, which had a net loss of $2.7 billion in 2022, is cutting costs and trying to boost profitability companywide. There are now 44 Amazon Fresh stores in eight states and Washington, D.C., according to its website.Īmazon, which bought the Whole Foods Market chain in 2017, launched Amazon Fresh to attract customers who wanted a more traditional grocery selection instead of high-end Whole Foods’ organic and natural offerings. By clicking Sign up, you agree to our privacy policy.
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