Benzinga·2026-01-28 09:11Group 1 - Amazon's shares rose following the announcement of the closure of its Amazon Go and Amazon Fresh stores, leading to an increase in Jeff Bezos' net worth by $5.7 billion to $266 billion [1][3] - The company plans to shift its grocery strategy towards online same-day delivery services and intends to open over 100 new Whole Foods locations in the coming years [3] - Amazon is expanding its fulfillment and delivery initiatives to compete with major retailers like Walmart, Target, and Costco [3][4] Group 2 - Amazon's stock has shown a 2.74% increase over the past year, closing at $244.68 with a 2.63% gain on Tuesday [4] - The company is putting pressure on competitors like Instacart as it expands its grocery delivery footprint [4] - Benzinga's Edge Rankings place Amazon in the 72nd percentile for quality and the 51st percentile for value, indicating a mixed performance compared to its peers [4]