Amazon Readies to Enter Philadelphia With Brick-and-Mortar Format
PHILADELPHIA, PA - After announcing its expansion strategy earlier this month and its new high-tech Dash Carts, the e-tail behemoth continues to keep the industry on its toes. Amazon is reportedly closing in on three Philadelphia locations for its new chain of grocery stores with two sites being eyed in Bucks County and at least one in Center City—with the goal of opening both by the end of the year.
According to the Philadelphia Business Journal. Amazon is entering a competitive retail market with the likes of Lidl, Aldi, and The GIANT Company. Recently, Amazon has been charging on with its new Amazon Go format. This trade news writer wonders if the company will continue with this cashierless concept in Philadelphia as well.
Two locations that the e-tailer has reportedly zeroed in on are stores vacated by other retailers in Bucks County, with the third positioned in Center City, according to sources familiar with the situation. One deal has Amazon leasing 36,000 square feet of a 49,000-square-foot former Giant at Creekview Center off Easton Road in Warrington. Another site is 41,000 square feet of a former Kmart at the Brookwood Shopping Center on Street Road in Bensalem.
How will the retail landscape change as Amazon continues its expansion plan into fresh produce and a more traditional brick-and-mortar format? ANUK will continue to follow the newswire.
