Amazon has submitted plans to build a 229,000-square-foot large-format store on the site of the former Petey’s II restaurant in Orland Park, Illinois—making it even larger than a typical Walmart Supercenter. The one-story facility would include grocery, household essentials and general merchandise departments, plus a limited on-site warehouse component to support store operations and designated areas for delivery drivers to pick up orders. The Orland Park Plan Commission approved the proposal in December, and the full village board is scheduled to vote on January 19. If approved, the development would join a retail corridor anchored by Target, Costco and Trader Joe’s, but has drawn local concerns over increased traffic and infrastructure impacts.

Amazon Web Services (AWS) remains the company’s primary profit engine, accounting for roughly two-thirds of operating income in the most recent quarter. AWS sales grew over 20% year-over-year, outpacing the company’s overall revenue growth rate, as enterprise customers multiplied their usage of AI-powered cloud services. To support surging demand, Amazon increased capital expenditures by more than $50 billion over the past year—mostly on data centers and specialized hardware for machine learning workloads. Management expects further sequential rises in infrastructure spending in 2026, reflecting long-term confidence in AWS’s ability to maintain high margins and revenue growth rates above 20%.

Despite heavy reinvestment in cloud and logistics, Amazon’s forward earnings multiple sits near two-decade lows, reflecting investor caution over near-term margin pressure. Analysts cite three core upside drivers: deepening enterprise adoption of AWS AI offerings, accelerated cross-sell of higher-margin advertising services through Prime and Marketplace, and expansion of physical retail with new big-box and convenience formats. Consensus forecasts project double-digit EPS growth through 2028, implying at least 20% total return potential over the next three years. With positive earnings revisions outpacing revenue guidance increases, the risk-adjusted profile favors long-term holders seeking exposure to omnichannel commerce and cloud AI leadership.