Are Amazon's Brick-and-Mortar Plans in Trouble?
Amazon's (NASDAQ: AMZN) takeover of Whole Foods stunned many brick-and-mortar retailers, which feared that merging Amazon's e-commerce ecosystem with hundreds of physical stores could render traditional supermarkets and superstores obsolete.
Amazon already slashed prices at Whole Foods, started selling Echo speakers in stores, and plans to add pickup lockers to some locations and Whole Foods products to Prime Now, its two-hour delivery program. Those plans should pay off as Whole Foods stores become pickup and delivery hubs for groceries and online orders. That combo would make Prime memberships even more attractive with special discounts.
An Amazon fulfillment center. Image source: Amazon.
Source: Fool.com
Amazon.com Inc. Stock
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