Amazon's online grocery sales tripled as people stayed home amid the coronavirus pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Amazon's online grocery sales tripled as people stayed home amid the coronavirus pandemic

Online grocery sales tripled year over year in the company's second quarter.The spike in online grocery shopping is largely driven by Prime subscribers who are ordering more products from the online retailer.Amazon' online grocery sales tripled in the second quarter as a result of stay-at-home orders and COVID-19 fears.on Thursday, company executives explained that Amazon has seen a surge in online grocery sales compared to the previous year.

Amazon Chief Financial Officer Brian Olsavsky spoke to analysts at the top of the call, describing how "Prime members shop more often with larger basket size" since the springtime. He said that Prime subscribers are driving much of the "super high" grocery demand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I would do this, but their grocery app is the worst $amzn wholefoods

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lean and mean business strategy blew up during coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Boeing Global Services reports loss due to coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »