Amazon Launches Cheap Grocery Brand As Value War With Walmart Heats Up Value wars between Amazon and Walmart to attract cash-strapped consumers are heating up late in the year. Amazon announced on Wednesday morning the launch of a new private-label line called “Amazon Grocery,” which spans more than 1,000 products and is largely priced under $5. The timing couldn’t be better, as our attention has shifted to a storm brewing in the low-income consumer world. Amazon Grocery will be a direct competitor to Walmart, Aldi, and other value grocery chains, offering affordable private-label goods amid ongoing value wars (read report).… — Continue at ZeroHedge News : Read More
