The rumours have been doing the rounds for several months, and this week gained a lot more traction following a Reuters report citing a consultant said to be familiar with the plans – Amazon is set to expand its fresh food e-commerce service AmazonFresh to Los Angeles and San Francisco in the first stage of what will eventually be a nationwide roll-out. The operation has so far been limited to Seattle, where the company has had to invest in trucks and drivers, and observers question whether its plans may be a step too far.
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CHRW: RUNNING HIGHMAERSK: STRONG HON: BREAK-UP APPEALCHRW: CLOSING QUESTIONSCHRW: HEADCOUNT RISK MID-TERM CHRW: SHOOTING UPCHRW: OPPORTUNISTIC CHRW: CFO REMARKSCHRW: GETTING THERE CHRW: SEEKING VALUABLE INSIGHTCHRW: 'FIT FAST AND FOCUSED' CHRW: INVESTOR DAY AMZN: NASDAQ RALLYKNIN: LOOKING DOWNPLD: FLIPPING ASSETSWTC: BOLT-ON DEAL