Amazon will launch new grocery store as alternative to Whole Foods

The company confirmed plans for a new store format after job openings were posted Monday.

Amazon on Monday said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in food.

"Amazon is opening a grocery store in Woodland Hills in 2020," an Amazon spokesperson confirmed to CNET on Monday morning, soon after the company published four new jobs postings for the location. Woodland Hills is a neighborhood in Los Angeles...

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RSK: This will be interesting to follow to see what prototype they come up with. The grocery business is a small margin business based on volume no matter how you slice and dice it.

Ken Notes: I was a Mayor when Walmart came to a conference and announced they were entering the grocery space and boldly predicted they would have 10% of the market in five years. We laughed -- today they have 23%...



- - Volume: 7 - WEEK: 47 Date: 11/19/2019 8:12:14 AM -