Amazon has intentions of “doubling down” on its physical grocery business when the company lands on the format it likes, Andy Jassy indicated to the Financial Times.
"decided over the last year or so that we’re not going to expand the physical Fresh doors until we have that equation with differentiation and economic value that we like," something he said the company is optimistic it will find this year.Pasadena, CA - September 15:The new Amazon Fresh store on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. This is the first Amazon Fresh store location in Pasadena.
"We’re working hard at it," he continued at the time. "We see some encouraging signs. And when we do find that equation, we will expand it more expansively."" but acknowledged it currently "doesn’t have a big market segment share in perishables."
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