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Amazon targets Aldi and Target with a new lineup of ‘no-frills’ groceries

Summary by KIFI
By Jordan Valinsky, CNN New York (CNN) — Amazon is taking a page out of Aldi and Target’s playbook and launching a new line of budget-friendly food items in an attempt to attract price-conscious shoppers who are ditching name brands to save money. Amazon is rolling out a new “no-frills” private label brand called Amazon Saver, with most items priced at less than $5 and that include an array of household staples and pantry items such as cookies a…
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  • 82% of the sources are Center
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