Amazon was looking into the idea of starting a chain of brick-and-mortar discount stores, a report claimed this week. But the ongoing COVID-19 epidemic prompted it to focus on the day-to-day operations of its wider business.
According to a Bloomberg report published on Thursday April 1, the plan for discount stores, which will be used to unload unsold inventory dust in Amazon warehouses, was discussed by the company in 2020.
An anonymous source claiming to have knowledge of the case told the news outlet that a chain of Amazon discount stores was “adding a way to be able to clean the warehouses, and get through the inventory without destroying it.” Will present In keeping with Amazon’s value proposition, keeping price at the forefront and allowing customers to access products at a lower price. “
It is certainly not beyond the realm of possibility that the Seattle-based giant will launch another brick-and-mortar-based effort.
Since opening the first of a growing chain of physical bookstores in 2015, the company has also invested heavily in its high-tech Go stores that let you shop without wasting any time without checkout (if you If not for one, read all about the experience here)). It has about 30 Amazon 4-Star stores that stock poplar items from its online site.
It recently launched its Amazon Fresh grocery store, and in 2017 acquired Sampoorn Foods, of which it has more than 500 stores.
As Bloomberg reports, a potential Amazon discount store for Amazon 4-Star would be similar in some ways, offering smaller items that would include items such as household items, electronics, toys, baby products, and kitchen products.
It is unclear if Amazon would revive the plan once the epidemic had spread. It may be that the company decides once to estimate to what extent people’s shopping habits have been affected by the global health crisis. Either way, Amazon, with its stunning e-commerce presence, is all set for the future of the future.
Digital Trends has reached out to Amazon for comment on its perceived interest in discount stores and we will update this article if we hear back.