Tuesday, June 12, 2018

One Year After Amazon's Whole Foods Buy, The Online Grocery Battle Lines Are Being Drawn

Amazon is betting it can transform the $641B U.S. grocery industry the same way it has so many others: by delivering products to consumers' doorsteps faster and more cheaply than its competitors. 

In the 12 months since the $13.7B deal became public, the e-commerce giant's market share has grown dramatically, and traditional grocers like Walmart and Kroger have raced to respond, hoping to take advantage of their larger retail footprints by incentivizing shoppers to pick up online purchases in store. . . . more