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Amazon (AMZN) Rebounds with Mega-Store Pivot to Challenge Walmart and Costco

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The Story

News Summary

  • Amazon's physical store revenue is expected to rise 5.4% amid a strategic pivot to mega-stores competing with Walmart and Costco, focusing on grocery and same-day fulfillment, while closing some Amazon Fresh and Go locations.
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AMZN price history

245.96 +5.46% over the displayed period

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