Amazon to build convenience stores: report
8 years, 5 months ago

Amazon to build convenience stores: report

Live Mint  

New York: Amazon.com Inc. is planning to build convenience stores and develop curbside pickup locations for food shoppers in its latest move to expand into groceries, The Wall Street Journal reported. Amazon’s stores will sell perishable goods including milk and meats, the newspaper said, citing unnamed sources. The grocery stores represent Amazon’s latest move to disrupt brick-and-mortar food shopping that’s still dominated by traditional retailers such as Wal-Mart Stores Inc. Previously, Amazon had focused on fresh food deliveries rather than establishing a physical presence but it’s encountering increased competition from Google, Instacart and others.

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