, Columnist
From Amazon to Alibaba, Grocers' Agony Is Endless
Tech advances from China’s internet giants should trouble food retailers across America and Europe.
Fresh fish, with a side of margin pressure.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Want to know what Amazon.com Inc. will be doing in physical retail tomorrow? Look at what is happening in China today.
If you’d taken this advice, you wouldn’t have been surprised when the behemoth spent $13.7 billion last year buying Whole Foods. Eighteen months earlier Alibaba Group Holding Ltd. had launched Hema, a technologically advanced blend of online grocery shopping, dining and bricks and mortar.
