Amazon could buy 100s of grocery stores being divested by Kroger and Albertsons, according to a top research firm
"To have a larger impact on physical grocery, we must find a mass grocery format that we believe is worth expanding broadly," he wrote in his letter, while adding that Amazon needs"a broader physical store footprint given that most of the grocery shopping still happens in physical venues."
"Buying the divested Kroger/Albertsons stores should definitely be on the table at Amazon," the analysts wrote. Amazon declined to comment. "In theory, Amazon could plug acquired stores into its network, which would prove less painful and costly than building a distribution and logistics network from scratch," they wrote.
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