Amazon to double down on grocery business despite recent setbacks

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Amazon has intentions of “doubling down” on its physical grocery business when the company lands on the format it likes, Andy Jassy indicated to the Financial Times.

"decided over the last year or so that we’re not going to expand the physical Fresh doors until we have that equation with differentiation and economic value that we like," something he said the company is optimistic it will find this year.Pasadena, CA - September 15:The new Amazon Fresh store on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. This is the first Amazon Fresh store location in Pasadena.

"We’re working hard at it," he continued at the time. "We see some encouraging signs. And when we do find that equation, we will expand it more expansively."" but acknowledged it currently "doesn’t have a big market segment share in perishables."

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In NY city, Amazon groceries save you about FORTY PERCENT off an in-store bill…it’s super crazy…

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Amazon CEO doubles down on grocery store business - FTAmazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant's struggling grocery store business, the Financial Times reported on Monday. I canceled Amazon account and removed my credit card. Am going to go through withdrawals but BUY LOCAL is my new goal. Amazon is too big and beating the heck out of the 'little people' in so many ways. Grocery stores are just logistical end points where the consumer does their own warehouse work, and since many people opt for a similar grocery list on a week-to-week basis it would inevitably make sense as a subscription service The Amazon store is pretty cool. That’s a place that greeters make sense since you could go a whole trip without human interaction. Sure, grocery stores with self-checkout are similar but usually I have at least a half interaction with a strange meat suit.
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