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article imageAmazon wants to open thousands of grocery stores in the U.S.

By Owen Weldon     Oct 29, 2016 in Business
Earlier this month, sources claimed Amazon was getting close to opening convenience stores. Now, there is a report suggesting Amazon plans on opening physical grocery stores and could have 20 within the next two years.
Apparently, Amazon plans on opening up to 2,000 grocery stores throughout the next 10 years. It's part of the e-commerce company's plan to enter the physical grocery store market.
The plan will start off by opening stores in New York, Seattle, Miami and other major cities by the end of 2018.
Business Insider took a look at documents that revealed Amazon's plans. In those documents, other cities Amazon wants to open a grocery store in include Las Vegas and San Francisco. During the pilot program, Amazon plans on experimenting with different versions of stores.
Ten of the stores will be drive-up spots where Amazon customers can pick their online orders up. Those stores will be "click-and-collect" stores, while the other 10 will be traditional grocery stores where shoppers can walk down aisles and get their own stuff.
This isn't the first time Amazon has reportedly considered opening up a real store. In the past, Amazon discussed plans for opening 100 pop-up stores. At the start of this year, the online retailer opened a few bookstores and they liked the results, saying it would plan to open up more.
If Amazon does go through with its plan to open grocery stores, it would another way for them to compete with Walmart. As of now, Walmart has not been able to establish the reach Amazon has on the internet. However, Walmart did expand its reach with it's purchase of Jet.com.
More about Amazon, Stores, Grocery stores, Amazon grocery stores