Amazon May Be Adding More Whole Foods Stores to its Prime Now Service

According to a Wall Street Journal report over the weekend, e-commerce giant Amazon may be planning to expand its Whole Foods market portfolio.

Citing sources, the WSJ reported that Amazon plans to add more stores to put its customers within a two-hour delivery service range.

The Journal reported that Amazon’s Prime Now will be expanded to nearly all of its roughly 475 Whole Foods stores in the United States.

According to the report, Whole Foods employees have looked at potential retail locations in the Rocky Mountain region, including in Idaho, southern Utah and Wyoming. Some of those spaces were about 45,000 square feet, said WSJ.

UBS has noted that Amazon’s number of Amazon Prime members who shop for groceries at least once a month declined last year compared with 2017.

Amazon’s shares moved $23.95 to $1,501.97 on the WSJ report this past Monday.

Disclaimer: We have no position in Amazon.com, Inc. (NASDAQ: AMZN) and have not been compensated for this article.