“They are doubling down on something, on a trend … that’s saying that grocery buying is moving more online,” Hitha Herzog, H Squared Research chief research officer, told Yahoo Finance over the phone.<\/p>\n
She added that consumer retention is increasingly hinging on customers’ ability to get orders delivered rapidly and with a level of quality control applied.<\/p>\n
Jassy echoed this idea previously, saying that the tradition of the weekly grocery stock-up is changing. “We’re on to something very significant with what we’re doing with perishables from our same-day facilities,” he said.<\/p>\n
One of the largest competitors in the space is Walmart, which has a grocery business that accounts for 60% of its US sales and has doubled down on convenience and same-day delivery with its Walmart+ membership model.<\/p>\n
Amazon is set to report earnings after market close on Feb. 5.<\/p>\n
\u2014<\/p>\n
Brooke DiPalma is a reporter for Yahoo Finance. Follow her on X at @<\/em>BrookeDiPalma<\/em>\u00a0or email her at bdipalma@yahoofinance.com.<\/em><\/p>\n Click here for the latest economic news and indicators to help inform your investing decisions<\/strong><\/p>\n Read the latest financial and business news from Yahoo Finance<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" “They are doubling down on something, on a trend … that’s saying that grocery buying is moving more<\/p>\n","protected":false},"author":6,"featured_media":2624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11,7,48],"tags":[],"class_list":["post-2623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-us"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2623"}],"version-history":[{"count":1,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2623\/revisions"}],"predecessor-version":[{"id":2625,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2623\/revisions\/2625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/media\/2624"}],"wp:attachment":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}