With Amazon’s acquisition of Whole Foods, the rise of subscription meal kits, and new competition from pureplay grocery delivery services, it seems like everyone is trying to build a better grocery store. But what if the supermarket of the future is the one right around the corner?…READ MORE
KEEP READINGThe chief executive of online food ordering firm Delivery Hero expects competition from the likes of Amazon and Uber to make it harder to make money although the German company is still targeting breakeven this year…READ MORE
KEEP READINGHaving received the government’s approval to invest $500 Mn in its food retail business, Amazon is reportedly gearing up to sell locally made and packaged food from March onwards, this year…READ MORE
KEEP READINGAmazon has sold $10 million in Whole Foods snacks, canned foods, and frozen fruits and vegetables in the first four months since the brand became available on the retailer’s website…READ MORE
KEEP READINGAs Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: curbside pickup…READ MORE
KEEP READINGAmazon’s online food retail venture, which was expected to start during Diwali, is getting delayed as the company needs to keep this separate from its marketplace, which functions as a platform to connect sellers with buyers, said people with knowledge of the matter. Food is the only segment where it’s allowed to sell directly to consumers…READ MORE
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Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door..READ MORE
KEEP READINGAmazon is no longer content with just delivering packages to your door. It wants to deliver them inside your door, too…READ MORE
KEEP READINGShares of the company, which reported better-than-expected quarterly results, rose as much as 10 percent Wednesday morning…READ MORE
KEEP READINGThe recently completed merger of Amazon and Whole Foods Market has dramatically altered the future of online grocery if only because it widely expands the potential playing field for two already unique and formidable food retailers…READ MORE
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