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USA: Amazon threat lingers over C-stores, drug stores and grocery chains

USA: Amazon threat lingers over C-stores, drug stores and grocery chains

Octubre 12, 2016

👤Periodista: María Alejandra Lopez 🕔12.Oct 2016

 

A large part of the retail sector will need to keep a watchful eye on Project Como at Amazon. The plan from the Seattle company to sell perishables out of small brick-and-mortar stores could be a disrupter if it were to be built out at scale.

Also Read: Weis Markets acquires second location from C&S Wholesale Grocers 

Convenience store chains such as Casey’s General Stores (NASDAQ:CASY), Murphy’s USA (NYSE:MUSA), and CST Brands (NYSE:CST) are already being targeted by 7-Eleven’s aggressive expansion goals in the U.S. A store roll-out by Amazon could also impact drug store chains Walgreens (NASDAQ:WBA) and Rite Aid (NYSE:RAD) – as well as apply pricing pressure to the sensitive grocery store sector (KR, SVU, SPTN, IMKTA.

Source: Seeking Alpha

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