NEWSUPDATE: Despite billions spent over 15 years, Amazon's grocery strategy is unprofitable and incoherent; Numerator: Amazon and Whole Foods had 2.4% US share in December (Annie Palmer/CNBC)

Tuesday, 22 February 2022

Despite billions spent over 15 years, Amazon's grocery strategy is unprofitable and incoherent; Numerator: Amazon and Whole Foods had 2.4% US share in December (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Despite billions spent over 15 years, Amazon's grocery strategy is unprofitable and incoherent; Numerator: Amazon and Whole Foods had 2.4% US share in December — - Amazon's grocery endeavors have cost many billions of dollars over the past 15 years but have yet to yield a coherent strategy.

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