AMAZON “QUIETLY BUILDING A NATIONAL GROCERY CHAIN” -David Goodman, Principal | Equity Retail Brokers

Bloomberg reported on Thursday that Amazon is “quietly building a national grocery chain,” saying that at least 28 Amazon Fresh supermarkets are in the works. The report claimed that Philadelphia is a target market, which is a poorly kept secret in Greater Philly real estate circles. (Here’s my blog from last October about Amazon grocery stores coming to Philly: Amazon Fresh coming to Philly and suburbs with digitally integrated supermarkets.)

On the same day that Bloomberg’s report came out, an Amazon spokesperson confirmed upcoming…read more

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