Monday, August 6, 2018

From Amazon to Alibaba, Grocers' Agony Is Endless

Bloomberg
Want to know what Amazon.com Inc. will be doing in physical retail tomorrow? Look at what is happening in China today.

If you’d taken this advice, you wouldn’t have been surprised when the behemoth spent $13.7 billion last year buying Whole Foods. Eighteen months earlier Alibaba Group Holding Ltd. had launched Hema, a technologically advanced blend of online grocery shopping, dining and bricks and mortar.. . . more