Grocery store stocks take a beating on report that Amazon will launch its own chain of supermarkets

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Grocery store stocks take a beating on report that Amazon will launch its own chain of supermarkets
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Amazon is planning to open its own grocery stores in the U.S. at a lower price point than Whole Foods, The Wall Street Journal reported Friday.This story is developing. Please check back for updates.

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Amazon is planning to open its own grocery stores in the U.S. at a lower price point than Whole Foods, The Wall Street Journal reported Friday.This story is developing. Please check back for updates.

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Here is a Walmart employee loading groceries and stealing money from a disabled guy. Manager would not call police when asked

FinanceKamal 'At a lower price point than Whole Foods.' That shouldn't be hard to achieve. 😂

ok ok

I thought everything was suppose to be delivered. No need for stores. People don’t want stores. Click, Boom, it’s at the door. I guess the Milkman Business Model still doesn’t work.

Grocery stores typically have a 1% profit margin. Another business venture that amzn will lose more money at. What would be the advantage over the other stores in my area? Amzn’s retail prices are already higher than the competition.

Bezos instead of using the head on his shoulders plunges into even lower margined retail.

Makes Sprouts $SFM an even better takeout... push the button Target $TGT and rebrand your fresh produce and deli offerings as Sprouts!

It’s good to see Walmart go down based on market forces.

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