Amazon Plans 1,000+ Same-Day Fulfilment Centres by 2031 to Challenge Walmart
AMZN sits 26% above its 52-week low of $196.
Summary
Amazon is planning a major expansion of its same-day delivery network, targeting more than 1,000 same-day fulfilment centres by 2031, up from about 85 currently. The initiative, known as Project Mercury, aims to place facilities within a 10-mile radius of 80% of U.S. Prime subscribers, stocking around 90,000 popular products. The company has allocated $6.8 billion for U.S. same-day fulfilment capacity in 2026 and 2027, and estimates the project could generate $7.1 billion in economic value over 10 years. This move directly challenges Walmart's store-based advantage in proximity to customers. The plan is preliminary and subject to change, but the scale of investment signals a significant strategic push into faster delivery for everyday items.
At the time of this announcement, AMZN was trading at $246.16 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.7T. The 52-week trading range was $196.00 to $287.20. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.