Amazon has reportedly expanded its grocery delivery service in the United States, from its Whole Foods stores, to additional cities across the country. Apparently, the delivery option for Whole Foods was launched earlier this year and now the service is offered in 48 cities.
The delivery service is now available in Tulsa, Tampa, Ann Arbor, St. Louis, Orlando, Madison, Jacksonville, Detroit, Omaha and Milwaukee as well as in more areas around Seattle and New York City. Customers living in there areas are able to have the desired products from Whole Foods Market delivered to their houses via Prime Now service of Amazon.
Citing reliable sources, after the launch of the separate grocery pickup service last month, it is now being introduced to Virginia Beach, Sacramento, Richmond, Kennesaw and Fort Worth. Supposedly, consumers can select free pickup in as little as 1 hour on a bill of $35 or more and Amazon indicated that it has further plans for expanding the pickup service.
Market reports show that key analysts had raised their target price from $2,150 to $2,350 on Amazon stocks after the news broke out. Amazon shares have more than doubled in the past year and Brent Thill, an analyst from Jefferies, suggested that Amazon market value could increase to $1.46 trillion, or $3,000 per share, by 2020.
As per records, Amazon has made significant efforts to expand its physical presence in the retail industry, starting with the opening of its cash-less convenience stores called Amazon Go. More recently, Amazon announced the opening of a bricks-and-mortar retail store in New York which would sell items from the Amazon.com website that are rated 4 stars or above. A spokesperson from the company had suggested that Amazon Prime members will pay the same prices for products in this store as on the website.
