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Amazon to launch a new grocery store separate from Whole Foods: report



Amazon.com Inc.

AMZN, -0.80%

is reportedly to open a new grocery store separate from the existing chains Whole Foods and Amazon Go. CNet first reported the news on Monday, which was confirmed by Amazon to several media outlets. The store, in the Woodland Hills area of ​​Los Angeles, is expected to open in 2020, but Amazon did not say if more will open elsewhere. Earlier this year, the Wall Street Journal reported that Amazon is planning to open a new grocery chain that will be different from the Whole Foods brand, and has leases for at least three locations. The new chain's name is currently unknown, but it is reportedly not going to use Amazon Go stores' cashless technology. The new chain is likely to escalate Amazon's battle with its food contests, which includes Walmart Inc.

WMT, -0.33%

Target Corp.

TGT, + 0.27%

and Kroger Co.

KR, -1.52%

.


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