Business Insider Intelligence
Amazon is looking to upend the grocery industry again, this time by launching a new grocery chain separate from Whole Foods.
The first location (there will reportedly be dozens) is set to open in Los Angeles by the end of 2019, and Amazon's signed at least two more leases for stores that would open in early 2020, though Amazon could still back out.
But what does this new chain mean for Amazon, Whole Foods, and the future of online grocery?
See the rest of the story at Business Insider
See Also:
- Amazon debuts its Amazon Go Grocery store in Seattle
- PepsiCo is acquiring an online-focused snack company based in China
- E-commerce sales surpassed 10% of total retail sales in 2019 for the first time
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