Amazon plans move into grocery business

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Wednesday, June 05, 2013

Reuters: Amazon.com is planning a major roll-out of an online grocery business called AmazonFresh that has been in the works for years.

While food is a low-margin business, Amazon could outperform similar online grocery services by delivering orders for higher-margin items like electronics at the same time.

The company has been testing AmazonFresh in its hometown of Seattle for at least five years, delivering fresh produce such as eggs, strawberries and meat with its own fleet of trucks.

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