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Amazon’s new grocery strategy sends CART, DASH, UBER, KR shares lower — BofA calls plan 'simpler and less costly'

Amazon announced on Tuesday that it will be shutting down Amazon Go and Amazon Fresh stores, to shift focus to expand more successful formats. ・BofA said that Wall Street had long questioned if Amazon ...
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UBER, DASH, and CART stocks slump as Amazon expands same-day grocery delivery

Shares of delivery platforms Uber Technologies (UBER), DoorDash (DASH), and Instacart-owner Maplebear (CART) declined 5.5%, 4.2%, and 6%, respectively, on Wednesday, after e-commerce and cloud ...

Empty stores and massage chairs next to produce: Amazon Fresh employees explain the chain's demise

As Amazon Fresh closes stores, workers say the chain struggled to resonate with customers and differentiate itself from Whole Foods ...

Amazon Fresh’s two stores in Naperville to close Sunday as company shuts down grocery stores nationally

All Amazon Fresh and Amazon Go locations are closing, including the two located in Naperville, Amazon this week.