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The Friday Checkout: Amazon Says It’s the Second-Largest U.S. Grocer — Stores (Mostly) Not Required
Andy Jassy said groceries generated more than $150 billion in revenue last year as Amazon expands 30-minute delivery and Whole Foods.
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The Friday Checkout: Amazon says it’s the second-largest U.S. grocer — stores (mostly) not required
The company’s grocery business brought in over $150 billion in gross sales last year, yet its brick-and-mortar presence relies mostly on its specialty chain, Whole Foods.
Amazon Claims the No. 2 Grocery Spot - Food Trade News & Food World
Amazon reported stronger-than-expected first-quarter results and said its grocery business continues to gain ground, with Chief Executive Andy Jassy declaring the company is now the No. 2 grocer in the United States by sales. Amazon’s first-quarter results offered new evidence that grocery has become a central growth engine for the company. The company said first-quarter net sales rose 17% to $181.5 billion from $155.7 billion a year earlier, w…
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Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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