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Perishable food play from Amazon

Published 01/07/2019, 01:45 PM
© Reuters. Perishable food play from Amazon
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  • Amazon (AMZN +3.7%) appears to be prepping to make a deeper push into ready-made meals, according to some digging by TJI Research.
  • TJI found a job posting from Amazon in which it says it's looking for the right hires to help it commercialize a portfolio of perishable packaged foods.
  • "Ready-made meals is an interesting strategy because it leverages two major competitive advantages Amazon has been investing in heavily: 1) its Prime Now network of last mile delivery solutions, and 2) its growing network of Amazon Go and Whole Foods food distribution centers, er, grocery stores. Ready meals are a logical application to run on top of this infrastructure," notes Justin Smith.
  • The development could be of interest to Blue Apron (APRN -3.5%), HelloFresh (FRESH) and Kroger's (KR +1.7%) Home Fresh business depending upon the targeted market.
  • Now read: Blue Apron: Oprah Might Save Them Too


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