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Report: Amazon to Roll Out Online Grocery Store

Amazon.com Inc is planning a major roll-out of an online grocery business that it has been quietly developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the situation.While food is a low-margin business, Amazon could outperform similar online grocery services by delivering orders for higher-margin items like electronics at the same time.One of the people familiar with AmazonFresh's expansion plans said new warehouses will have refrigerated areas for food, but also space nearby to store up to one million general merchandise products, in some cases.The company has been testing AmazonFresh in its hometown of Seattle for at least five years, delivering fresh produce such as eggs, strawberries and meat with its own fleet of trucks.Amazon is now planning to expand its grocery business outside Seattle for the first time, starting with Los Angeles as early as this week and the San Francisco Bay Area later this y...

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  1. Kroger Reports 4Q Profit on Robust Sales

    Kroger (NYSE:KR) swung to a profit and trumped Wall Street expectations in the fourth quarter as sales at its more established grocery stores ticked up for the 37th ...

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  4. Wal-Mart's Anti-Obesity Push Not Fattening Its Bottom Line?

    Wal-Mart says it saved families $2.3 billion with cheaper produce. The retail giant made the announcement as part of its push to help fight obesity at the urging of ...

  5. Fluffier Private-Label Toilet Paper to Challenge Brand Names

    Cheaper toilet paper is about to get fluffier.Several major U.S. retailers, including Kroger Co. (KR), Supervalu Inc. (SVU) and Wal-Mart Stores Inc. (WMT), are plann...

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  8. Proposed Cuts to Medicare Advantage Could Reach $11B

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    FBN’s Sandra Smith on the active stocks in today’s markets.

  10. Will Retailers Charge Credit Card Users More?

    FBN’s Gerri Willis on credit card transaction fees.

  11. Supervalu selling 877 supermarkets in $3.3 billion deal

    Supervalu Inc struck a $3.3 billion deal to reduce its burdensome debt by selling five of its supermarket chains to an investor group led by Cerberus Capital Managem...

  12. Supervalu to Sell 5 Grocery Chains; Sales Declines Persist

    Supervalu Inc. (SVU) has struck a deal to sell five of its grocery-store chains to an investors group led by Cerberus Capital Management LP, in exchange for $100 mil...

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  5. Nutrisystem Teams Up With Wal-Mart

    Nutrisystem CEO Dawn Zier on the company’s new weight-loss kit available in Wal-Mart.

  6. Kroger Swings to Profit; Expects Sales Growth Amid Volatility

    Kroger Co. (KR) reported better-than-expected fourth-quarter profit, but added its sales trends will continue to be volatile this year as consumers grapple with a st...

  7. Kroger Swings to Profit with Absence of Charges

    Kroger Co. (KR) swung to a fourth-quarter profit as the grocery-store operator recorded solid revenue growth, while also benefiting from an accounting related credit...

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