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Amazon Launches Grocery Delivery Service

 1 min read / 

Amazon Fresh is to make its highly anticipated entrance into the UK grocery market in a move which threatens to damage yet further Britain’s already under-pressure “Big Four” supermarkets.#

Trader’s remarks: In a development which will be seen as game-changing for British supermarkets, Amazon announced that it will offer its Prime members same-day deliveries on a range of 130,000 fresh and frozen grocery items. Its one-hour time slots will also heap fresh demands on rival retailers which have struggled to adapt to the rapidly changing demands of consumers. This development is a further blow to the profitability of all existing UK grocers. Historically going up against Amazon has been a lost cause.

##What to watch: Amazon, Tesco, Sainsbury’s, Morrisons

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