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

Discussion in 'hardware' started by ronjor, Mar 1, 2019.

ronjor Global Moderator

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Lauren Feiner @lauren_feiner 01 Mar 2019

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. The company is planning to open dozens of the stores, according to the Journal, with the first one opening in Los Angeles as early as the end of this year.
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ronjor, Mar 1, 2019

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