Amazon.com (NASDAQ:AMZN) rebuffed the news of building 2000 retail stores

In response to the earlier rumors Amazon.com, Inc. (NASDAQ:AMZN) said Wednesday that it doesn’t currently have any plans to open 2,000 grocery stores.

It was widely reported earlier this week that online retail giant Amazon.com, Inc. (NASDAQ:AMZN) visualizes opening more than 2,000 brick-and-mortar grocery stores under its brand, reliant on the success of new test locations. Furthermore report said that Amazon is exploring numerous possible brick-and-mortar store concepts, including a massive, multi format stores, and that it would likely implement 30,000- to 40,000-square-foot plans for such stores.

Meanwhile the retailer itself announced on Monday that it plans to unveil its very first small-format grocery store, Amazon Go, in Seattle with technology that allows customers, to skip checkout.



However in the Wednesday, Amazon came out with a statement that it has “no plans to open 2,000 of anything. Not even close. We are still learning.” The brief statement also said of the possibility of 30,000- to 40,000-square-foot stores, “We have no plans to build such a store.” An Amazon spokeswoman declined to elaborate on the statement.

Following the Amazon’s statement, sources close to the company clarified that Amazon foresees potentially opening 2,000 brick-and-mortar stores that basically depends on how its experimentations work. They also confirmed that for the future larger-store concepts, Amazon is seeing stores as large as 30,000 to 40,000 square feet.

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