Amazon's New Retail Strategy Takes Aim at Walmart
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Amazon's New Retail Strategy Takes Aim at Walmart
"The store will be located at 159th Street and LaGrange Road, 30 miles outside Chicago. Amazon plans to redevelop a 35-acre property, which was once used by Petey's II restaurant in Orland Park, Illinois. A public hearing held this month provided data on the project, with planning documents presented to the community's planning commission. The redevelopment would incorporate five additional buildings."
"Jim Dodge, mayor of Orland Park, shared his support for the development in a press statement: "When a global retailer of this scale is considering investment in Orland Park, it sends a strong signal about the vitality of our community, and the strategic importance of this corridor." Amazon's legal representative at the community meeting called it "the best that Amazon has to offer," claiming it represents the company's attentiveness to current retail demands."
"Amazon wants Walmart's shoppers... and it's willing to build a small city to get them. The company has plans to roll out a sprawling new brick-and-mortar experiment aimed squarely at Walmart's long-standing dominance in physical retail. The new 229,000-square-foot facility, proposed for the Chicago suburbs, marks Amazon's latest attempt to build a grand-scale physical presence. The end goal? To challenge Walmart's multibillion-dollar hold on consumer dollars."
Amazon plans a 229,000-square-foot retail complex on a redeveloped 35-acre site at 159th Street and LaGrange Road in Orland Park, Illinois, roughly 30 miles outside Chicago. The proposal includes a large storefront for groceries, prepared foods, and merchandise, supported by an on-site warehouse, plus five additional buildings ranging from 5,000 to 13,750 square feet to be built in future phases. The company intends to leverage digital tools such as in-store app ordering to attract Walmart shoppers and challenge Walmart’s multibillion-dollar market share. Local officials cited anticipated tax revenue and new jobs as benefits of the development.
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