Amazon Unveils a Not-So-Secret Weapon in the Grocery Wars
Amazon (NASDAQ: AMZN) is assaulting the grocery industry from nearly every angle.
The company launched its AmazonFresh grocery delivery service in 2007. Since then, it's acquired Whole Foods and made free delivery available through Amazon Prime. It's also opened two grocery pickup locations in Seattle, and is reportedly launching its own homegrown supermarket chain in Los Angeles later this year, where it will sell the name-brand and lower-priced goods that aren't available at Whole Foods.
This week, the tech giant is opening a new kind of store that showcases perhaps its best effort yet to disrupt the grocery industry. The company is taking its cashier-less, "Just Walk Out" technology in its Amazon Go stores to the next level, opening an Amazon Go Grocery store in Seattle.
Source Fool.com
