But Amazon, which has also spent four years opening Amazon Fresh stores and trying to build its grocery delivery business, hasn't been as disruptive to existing players like Walmart and Kroger as some feared it would be.
To better serve the middle, Amazon could consider acquiring a grocery chain that already exists to boost its store network, Grewal said.
Besides selling groceries, Amazon could use the stores to fill pick-up and delivery orders, much as they already do with Amazon Fresh and Whole Foods.
AdvertisementOthers have also said that acquiring more stores could give Amazon the boost it needs to succeed in the grocery business.
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Persons:
—, hasn't, it's, Dhruv Grewal, Grewal, Bernstein, Andy Jassy, Jassy
Organizations:
Service, Foods, Walmart, Kroger, Business, Babson College, Amazon, Albertsons
Locations:
Seattle