Amazon to Close Eight Go Convenience Stores

03/08/2023 has announced an impending closing of eight Amazon Go convenience stores located among New York City, Seattle and San Francisco.  A company spokesperson stated, "Like any physical retailer we periodically assess our portfolio of stores and make optimization decisions along the way.  In this case we've decided to close a small number of Amazon Go stores but remain committed to the format operating twenty stores across the U.S."


Amazon CEO Andy Jassy is implementing a program of reducing expenses by relinquishing warehouses and laying off as many as 18,000 workers following a retraction in E-Commerce attributed to national recovery from COVID.


Amazon has struggled to gain a significant presence in the grocery market since acquisition of Whole Foods Market in 2017 for $14 billion. Since this time Amazon has experimented with a range of store sizes, banners, technologies and locations without apparently achieving profitability in the face of competition.