Amazon has submitted plans to build a one-story, 229,000-square-foot retail store in Orland Park, Illinois—significantly larger than the average 179,000-square-foot Walmart Supercenter. The development would occupy the former Petey’s II restaurant site at the junction of two major highways and include a limited warehouse component plus dedicated space for delivery drivers. The Orland Park Plan Commission has approved the proposal, and the full village board is scheduled to vote on January 19.

In the third quarter, Amazon Web Services (AWS) recorded 20.2% year-over-year revenue growth, reaching $33.0 billion, and generated $11.4 billion in operating income—approximately 66% of Amazon’s total operating profit. While consolidated operating cash flow rose 16% to $130.7 billion over the past 12 months, free cash flow declined from $47.7 billion to $14.8 billion, driven by a $50.9 billion increase in capital expenditures to support data centers and AI compute capacity.

Wall Street consensus points to roughly 20% upside for Amazon shares over the next two years, underpinned by an expected forward price-to-earnings ratio of 19 for fiscal 2028. Over the past twelve months, positive earnings per share revisions have outpaced the stock’s 10% price advance, reflecting confidence in sustained e-commerce expansion, AWS margin leverage, and new revenue streams from AI-enhanced services.