The Grocery Industry's New Player

By Chris Hill – Jun 5, 2013 at 6:31PM

NASDAQ: AMZN

Amazon

Market Cap

$1,836B

Today's Change

(-2.85%) -$5.04

Current Price

$171.55

Price as of April 25, 2024, 10:23 a.m. ET

Now even grocers should fear Amazon.

The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Bryan Hinmon, discuss the top business and investing stories of the day.

Amazon.com (AMZN -2.85%) has been testing an online grocery business. Now the online retailer is planning a major rollout of its AmazonFresh service. Amazon.com will launch the service in Los Angeles this month and in San Francisco later in 2013. Amazon is targeting as many as 40 potential targets. Will the AmazonFresh deliver for Amazon shareholders? To what extent should Kroger (KR -0.47%), Whole Foods Market (WFM), and Wal-Mart (WMT 0.35%) worry? In this installment of MarketFoolery, our analysts discuss AmazonFresh and delve into other Amazon news.

The relevant video segment can be found between 0:17 and 3:26.

For the full video of today's MarketFoolery, click here.

Bryan Hinmon, CFA, has no position in any stocks mentioned. Chris Hill and Jason Moser own shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com and Whole Foods Market. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.