Amazon Fresh Fails: UK Grocery Dream Dashed

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Amazon's UK grocery gamble fizzled! After shuttering all 19 Amazon Fresh stores, learn why the tech giant's ambitious plan to conquer the $290B British food market crumbled under fierce competition, slim margins, and a cost-of-living crisis. Was it a misread of the market, supplier woes, or just bad timing? Discover Amazon's next move as it pivots to online grocery delivery, hoping to salvage its UK ambitions. Hosted on Acast. See acast.com/privacy for more information.

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