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Amazon Calls Grocery Business an ‘expensive hobby’


the staff of the Ridgewood blog

Ridgewood NJ, despite spending billions on developing services and technologies to become a grocery market giant, Amazon is still just a niche player in the industry. Its delivery services have failed to stand out in a crowded field and its Go automated convenience stores have been deprioritized. The technology Amazon implemented in its stores was novel, but it didn’t add any value to the shopping experience. Groceries were not a big topic on Amazon’s fourth-quarter results call earlier this month.

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