E-commerce giant Amazon is plotting a new grocery business in the US, sources told the Wall Street Journal. The online retail giant is planning to strengthen its supermarket brand by purchasing local grocery chains that operate at least a dozen stores, the report claims.
The first store is expected to open in Los Angeles by the end of the year, with leases signed for two more locations, set to open by early 2020. The business is in talks to bring the grocery stores to shopping malls in San Francisco, Seattle, Chicago, Washington, D.C. and Philadelphia.
