
Amazon has revealed its bold plan to dominate the grocery market by creating both physical and online one-stop shops, aiming to eliminate the need for customers to shop elsewhere. This strategy was a key announcement at Amazon’s Delivering the Future expo in Nashville. The nearly $2 trillion company seeks to outpace competitors by allowing customers to buy everything, from groceries like milk and bread to electronics and sporting goods, all through a single platform.
While Amazon doesn’t offer grocery services in Australia, it has expanded its Amazon Fresh and Whole Foods operations to Europe and parts of Asia. Unlike Australian supermarkets, which do not offer this kind of all-encompassing service, Amazon plans to streamline the shopping experience by providing a vast range of products in one place. A trial in Phoenix is already delivering groceries and other products in hours. Amazon’s approach could revolutionise grocery shopping by making it faster, simpler, and more affordable, far surpassing the offerings of local supermarkets.
Source : https://www.news.com.au/finance/business/retail/amazons-plan-to-dominate-supermarkets-with-onestop-shops/news-story/45f29aa0290632ddc955a7b235da9aab