Coronavirus Has Shoppers Flocking To Online Grocers. Getting The Food May Not Be So Easy. [Forbes]
Amazon.com, Inc. (AMZN)
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Source: Forbes
Having a well-stocked refrigerator is essential to surviving any quarantine, self-imposed or not. As fears of coronavirus spread and communities across the globe are forced to shut down, shoppers are turning to delivery services to load up without risking contamination. It looks like they may have to leave the house anyway. Online grocery shopping has been slow to catch on in the U.S., with just 3% of groceries purchased on the internet, according to a report from Bain & Company. The services have never been tested at scale and in the early days of widespread U.S. closures, they are not putting up a good showing. Allison Burnett, a 61-year-old screenwriter in Los Angeles, tried placing an online grocery order from Amazon on Thursday night, pleased to see an advertisement for two-hour delivery. He piled tons of frozen food into his cart, as well as eggs, which he had forgotten on an earlier store run. When he tried to check out, it turns out there were actually zero delivery times avai
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- AMZN's page on the SEC website