Amazon Ends Expensive Toys and Shuts Down Fresh and Go Markets! From Now On, Profit Matters!
Reading Time: 3 minutes
The tech giant Amazon (i)(AMZN) is undergoing a radical strategic shift, burying the brands Fresh and Go and instead fully embracing the premium power of Whole Foods. With planned supercenters and a strict efficiency course, CEO Andy Jassy is launching a frontal attack on brick-and-mortar retail, a clear signal to investors that margins and profitability are now the top priority. Attack on Walmart - Amazon Accelerates Physical Expansion Amazon is launching a frontal attack on the industry giants Walmart and Costco. Although the company, with a...
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