Tag

Online Supermarket

All articles tagged with #online supermarket

business2 years ago

"Amazon Prime Trials Grocery Subscription Service for Members"

Amazon is testing a new grocery subscription service for members of its Prime program, offering unlimited grocery delivery from Whole Foods and Amazon Fresh on orders over $35 for a monthly fee of $9.99. The service also includes 30-minute pickup on orders of any size. Initially rolling out in Denver, Sacramento, and Columbus, Amazon aims to drive bigger and more frequent food orders among Prime members, solidifying its position as a grocery destination. The company has been adjusting its fee-free delivery thresholds for Fresh and Whole Foods orders in recent years to manage costs.

business2 years ago

Amazon's Possible Bid for UK's Ocado Sends Shares Soaring

Shares of UK online supermarket and technology group Ocado surged over 40% on Thursday following speculation of possible bid interest from more than one U.S. suitor, including Amazon, according to The Times. The report suggested a possible offer worth 800 pence ($10.21) per share, an 86% premium to Ocado's closing price on Wednesday of 430 pence. Both Ocado and Amazon declined to comment on the report.