Physical retail expansion
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Amazon Plans Second Big-Box Store Near Chicago
PYMNTS.com· 2026-02-17 22:18
Core Insights - Amazon has proposed a second big-box retail store in the Chicago area, specifically in Oak Brook, following a similar proposal in Orland Park [1][2] - The Oak Brook store is planned to be 225,000 square feet and will function as a retail store without warehouse or distribution facilities [2][3] - The store will not require a membership fee and is designed to enhance customer experience [3] Store Details - The proposed Oak Brook store is distinct from warehouse clubs and aims to provide a new shopping experience [3] - If approved, the construction of the Oak Brook store could be completed by late 2027 [3] - The earlier proposed store in Orland Park is 229,000 square feet and is expected to sell groceries, general merchandise, and prepared foods [7] Strategic Moves - Amazon is shifting its strategy by closing its Amazon Go and Amazon Fresh physical grocery stores while expanding same-day grocery delivery services [7][8] - The company plans to convert some closed locations into Whole Foods Market stores, with over 100 new Whole Foods stores set to open in the coming years [9] - Amazon is also closing its Amazon Style physical clothing stores, indicating a reevaluation of its physical retail strategy [9]
Amazon supersizes its Walmart rivalry with new big-box retail concept
GeekWire· 2026-01-13 18:34
Core Insights - Amazon is proposing a new 229,000-square-foot facility in suburban Chicago that resembles a traditional Walmart superstore but incorporates unique Amazon features [1][5] - The store aims to provide a wide range of products, including fresh groceries and household essentials, enhancing customer convenience [2] - Analysts suggest this move reflects Amazon's recognition of Walmart's dominance in the physical retail space, as 93% of Amazon customers also shop at Walmart [5][3] Company Strategy - Amazon's plans are part of its culture of experimentation, indicating a new retail concept designed to excite customers [2] - The company has previously explored various physical retail formats, including the acquisition of Whole Foods for $13.7 billion in 2017 [4] - The new superstore concept is seen as a strategic effort to build a physical presence that can compete with Walmart's scale and utility [5] Operational Features - The proposed store will feature a significant portion of its layout dedicated to "back of house" operations, aimed at improving the shopping experience by reducing conflicts between in-store shoppers and gig-economy workers [6] - A tech-enabled shopping experience will allow customers to request items from the back room via an app or kiosk, enhancing the integration of digital and physical shopping [7][10] - The store design includes dedicated areas for delivery drivers and separate pickup lanes for customers, streamlining operations [10] Market Context - Amazon currently serves over 150 million grocery shoppers in the U.S., generating more than $100 billion in grocery sales in 2024 [5] - Despite Amazon's e-commerce dominance, online shopping constitutes less than 20% of U.S. retail spending, indicating significant market potential [3] - The new superstore is viewed as an evolution of Amazon's previous experiments, such as the automated micro-fulfillment center at Whole Foods [9][10] Approval Process - The Orland Park planning commission has recommended approval of the project, which will be voted on by the Village Board of Trustees on January 19 [11]
Wayfair Heads West: New Large-Format Store Coming to Denver in 2026
Prnewswire· 2025-07-31 11:00
Core Insights - Wayfair Inc. is set to open a new large-format retail location in Denver, Colorado, in late 2026, marking its first entry into the Mountain West region [1] - The Denver store will span approximately 140,000 square feet and will feature a comprehensive shopping experience with 19 departments, including furniture, housewares, and design services [2][3] - This store is part of Wayfair's broader strategy to expand its physical retail presence, following the successful openings of stores in Wilmette, IL, Atlanta, GA, and Yonkers, NY [1][2] Company Overview - Wayfair generated $11.9 billion in net revenue for the 12 months ending March 31, 2025, and is headquartered in Boston, Massachusetts [6] - The company aims to provide a seamless shopping experience from inspiration to installation, catering to various styles and budgets [6] Store Features - The Denver store will offer a diverse catalog of Wayfair Verified items, handpicked by product experts, and will include dedicated areas for design services [2] - Customers will have the option to shop in-store and take home many items the same day, with larger purchases delivered quickly [3] - The store will also feature an all-day café called The Porch, providing fresh food and beverages at affordable prices [3] Location Details - The new store will be located at 8298 E. Northfield Blvd., within The Shops at Northfield, a popular open-air shopping destination in Denver [4] - The partnership with Stockdale Capital Partners aims to transform The Shops at Northfield into a dynamic, pedestrian-focused destination [5]