00:00 It's Benzinga and here's what's on the block.
00:02 - Amazon is piloting a new grocery subscription service
00:05 for Prime members that costs $9.99 per month,
00:08 giving them unlimited free grocery delivery
00:10 from Whole Foods and Amazon Fresh for orders over $35.
00:14 It also provides 30 minute pickup on orders of any size.
00:18 The trial is currently taking place in Denver,
00:20 Sacramento, and Columbus, Ohio.
00:23 With the subscription, Amazon is betting Prime members
00:25 will want unlimited free grocery delivery
00:28 without delivery fees each time.
00:30 It could drive bigger orders among Prime customers.
00:33 The company aims to solidify its position
00:35 as a grocery destination.
00:37 It launched Fresh Supermarkets
00:38 after acquiring Whole Foods in 2017
00:41 and is unifying its online and physical grocery operations.
00:44 - For all things money, visit Benzinga.com.
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