Amazon Grocery
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Amazon Launches Private-Label Grocery Brand with Most Items Under $5
Amazon launched “Amazon Grocery,” a new private-label brand with over 1,000 products priced under $5, targeting budget-conscious consumers. This move consolidates previous brands and aims to capture a larger share of the grocery market. The announcement triggered a sell-off in grocery and retail stocks. While closing UK Amazon Fresh stores, Amazon is focusing on online grocery, expanding same-day delivery and emphasizing “everyday essentials” to dominate the online market.
