Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart
Briefly

Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart
"For years, Amazon was cast as Walmart's great disruptor. Now, it's borrowing from the retail giant it once sought to upend. The company is rolling out Walmart-inspired ideas, including " Supercenter" warehouses, a new distribution layer known internally as the "1DC" network, and microfulfillment centers within Whole Foods stores, according to internal documents obtained by Business Insider. The shift reflects a hard lesson: mastery of e-commerce does not translate into dominance in groceries, particularly perishable items that drive frequent shopping."
"Nearly a decade after paying $13.7 billion for Whole Foods, Amazon still trails Walmart in everyday grocery shopping, and is now reshaping its retail infrastructure to compete head-on with Walmart's Supercenter model. Earlier this month, plans emerged for a roughly 225,000-square-foot Amazon megastore near Chicago. Bigger than a typical Walmart Supercenter, the new concept is designed to let customers buy "fresh groceries, household essentials, and general merchandise - all in one trip," according to Amazon."
Amazon is adopting Walmart-inspired retail strategies, including "Supercenter" warehouses, a "1DC" distribution layer, and microfulfillment centers inside Whole Foods. The changes target grocery weaknesses, especially perishables and frequent-shopping items where e-commerce strength did not produce dominance. Amazon paid $13.7 billion for Whole Foods nearly a decade ago but still trails Walmart in everyday grocery shopping. Walmart's dense network reaches roughly 90% of Americans within 10 miles and supports low-cost, frequent distribution of fresh food and staples. Numerator estimates Walmart holds about 21% of the US grocery market while Amazon and Whole Foods each hold roughly 1.6%. Amazon plans include a roughly 225,000-square-foot megastore near Chicago selling groceries, household essentials, and general merchandise in one trip.
Read at Business Insider
Unable to calculate read time
[
|
]