Amazon launches grocery service, AmazonFresh Pickup

Amazon.com Inc. announced Tuesday that it is launching AmazonFresh Pickup, a grocery service that’s free for Prime members. Customers place their grocery orders online and can have them ready for pickup in 15 minutes or more and brought to a customer’s car. Orders have no minimum threshold. AmazonFresh Pickup, which is currently in beta for employees, is available in two Seattle locations. Amazon shares are up 0.5% in Tuesday trading, and up 46.8% for the past year. The S&P 500 index is up nearly 15% for the last 12 months.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply