Amazon is making significant changes to its grocery strategy, including removing cashierless technology, closing stores, and experimenting with new models. Analysts are divided on how to interpret these changes.
In fresh foods, Amazon is not a significant player. Analysts suggest competitors like Kroger may not need to focus too much on Amazon as a competitive threat in the grocery industry.
CEO Andy Jassy listed grocery as a key area for Amazon's growth. CFO Brian Olsavsky expressed satisfaction with the company's growth in physical stores, hinting at continued iterations in the grocery sector.
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