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Amazon Opens Grocery Site
By Andy Sim - on 9 Jul 2010, 9:49am

Amazon Opens Grocery Site

This site needs no introduction. Amazon.com has built its online empire by selling affordable books, CDs, electronics, and almost anything under the sun for more than a decade now. Apparently, that list just got bigger, and it has something to do with perishables. Yes, retailing groceries and fresh food is now part of Amazon's portfolio. However, this quirky new trade of the American online retailer is only available to those residing in Britain at this point in time.

Telegraph.co.uk - For the first time in Britain, Amazon.co.uk, famed for its cheap CDs, books and toys will now sell coffee, tea, wine, biscuits and even meat and vegetables. In all, 20,000 different items will be on offer. All the major dried goods, such as tea, crisps, spices, biscuits, nappies and pasta will be stored in Amazon's own giant waredhouses, allowing people to receive these by guranteed delivery the next day. Brian McBride, managing director of Amazon.co.uk, said that it could take market share from the likes of Tesco or Ocado.

Many are skeptical if Amazon's newfound project would reap profitable results. Whatever the case, you can bet that big time supermarket chains such as Tesco would be paying close attention to Amazon's business plans hence. Hit this link for the complete scoop. 


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