This chapter explores Amazon's efforts to establish itself as a major player in the grocery market, particularly through the consolidation of its various grocery businesses. It discusses the challenges Amazon faces in competing with established players like Walmart and Kroger, as well as its plans to open hundreds of stores and develop a supply chain for fresh food. The chapter also covers Amazon's strategy with Whole Foods and its intention to consolidate the shopping experience and lower prices.
Are Traasdahl, CEO at Crisp, discusses the current state of the start-up credit crunch. Elena Popina, Bloomberg Equity Markets Reporter, and Anna Wong, Bloomberg Chief US Economist, talk about Fitch's US credit downgrade. Bloomberg Businessweek Editor Joel Weber and Bloomberg Technology Reporter Matt Day discuss Amazon's grocery reboot. And we Drive to the Close with Nancy Prial, Co-CEO and Senior Portfolio Manager at Essex Investment Management.
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