15-02-2023 01:45 via slashdot.org

Amazon Plans To Eventually 'Go Big' On Physical Grocery Stores

Amazon CEO Andy Jassy told the Financial Times that the company intends to "go big" on its brick-and-mortar grocery store business. Engadget reports: Amazon bought Whole Foods in 2017 for $13.7 billion, but the company is far from dominating the grocery market like it has so many other sectors. The company's physical store division accounts for 3.4 percent of overall business and has grown only around 10 percent since the Whole Foods acquisition. "We're just still in the early stages," Jassy tol
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