FIRST AIRED: March 2, 2019

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00:00:00
big US grosses was booked on Friday after a report that Amazon plans to open dozens of grocery stores in several major U. S. cities the Wall Street journal citing sources said Amazon plans to open its first grocery store in LED as early as the end of this year and has signed leases for at least two other locations Amazon is also exploring buying some regional grocery chains to wide in the new supermarket brand Kroger shares dropped as much as six and a half percent and wal Mart's stock fell nearly two percent although both recovered some ground later in the day brick and mortar retailers have been on edge since Amazon bought whole foods in two thousand and seventeen in addition Amazon has also opened small cashier less Amazon goes stores in Seattle Chicago and San Francisco the new grocery stores would offer a different variety of products from the upscale whole foods and aren't intended to compete with the change they would be about thirty five thousand square feet in size nearly half that of a typical supermarket according to the report