Amazon has been dealing with coronavirus complications in its distribution system including, for example, the closure of a New York City fulfillment center in the borough of Queens that had not reopened by press time as the company works to sanitize the facility after a worker tested positive for COVID-19.
Fairway Market, together with its debtor affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York, has named the winning bids for six Fairway stores on a going concern basis (five New York stores to Village Supermarket, Inc., a Wakefern member, and one store to Seven Seas Georgetowne, LLC, a Key Food member) and the sale of two real estate leases to Amazon.
According to a New York Post report, Amazon will bid on four stores as part of an auction of Fairway supermarket locations.
As the COVID-19 outbreak spreads, Amazon has alerted its marketplace and vendor partners that it will prioritize critical household goods, particularly staples and medicines, in response to developments.
According to the New York Post, Amazon will pay $1.15 billion to acquire the former Lord & Taylor flagship in Midtown Manhattan.
As it expands business services, Amazon is offering other retailers the technology that supports its no-cashier Go stores in response to their inquiries and to give consumers a chance to try what it calls the Just Walk Out experience beyond its own operations.
Amazon crushed analyst earnings estimates for the fourth quarter as full fiscal year sales surpassed $280 billion, as Jeff Bezos pointed to Prime services driving growth.
Amazon is aiming to make buying— and returning— more convenient this holiday season by offering customers at least one free return option on millions of items sold on the website. Free returns are now available for electronics, household items, pet supplies, kitchen appliances and more, in addition to shoes and apparel, no matter the reason for the return.
In its approach to Black Friday week, Amazon is going large and then some, with new bargains popping up constantly, more Deals of the Day and deeper discounts than ever before, the company said.
As it looks forward to the holidays, Amazon is touting its expanded free delivery options, providing Prime members across the United States access to more than 10 million items available for next-day drop-off.