News

Amazon's Latest Prime Grocery Move Is a Big 'Shot' at the Competition

Amazon has struggled to break into the perishable space despite introducing a grocery-specific subscription option, analysts ...

Amazon could seize market share and drive down fees with its latest grocery bet

This expansion targets a substantial growth opportunity, as groceries account for 43% of US retail sales, with only 15% ...

Instacart, Kroger, and Albertsons are among the decliners after Amazon dives further into grocery delivery

Other grocery-related stocks in negative territory include Kroger ( KR) -4.5%, BJ's Wholesale Club ( BJ) -4.4%, Albertsons ...

Amazon's grocery could be a trojan horse to move revenue higher, says Evercore ISI's Mark Mahaney

Mark Mahaney, Evercore ISI head of internet research, joins 'The Exchange' to discuss Amazon’s grocery store expansion and ...

Kroger stock falls after Amazon announces major grocery expansion

Kroger (NYSE: KR) stock fell 3% Wednesday morning after Amazon (NASDAQ: AMZN) announced a significant expansion of its grocery delivery service, potentially threatening traditional supermarket chains.