Amazon CEO Andy Jassy Thinks The Weekly Grocery Run Is Dead

Benzinga

Amazon CEO Andy Jassy said the company’s grocery business topped $100 billion in sales, making it one of the top three U.S. grocers. He noted that consumers are buying perishables more often online, signaling a shift away from traditional weekly stock-ups toward flexible, frequent grocery shopping.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Amazon CEO Andy Jassy said grocery shopping habits are shifting as consumers increasingly

00:08buy fresh foods and everyday essentials online, according to Benzinga. Jassy told analysts the

00:14company's grocery business surpassed $100 billion in gross merchandise sales over the past year,

00:20putting Amazon among the top three grocers in the U.S. He said customers are now restocking

00:26perishables more frequently, driving growth across 1,000 cities, with plans to expand to

00:312,300 by year-end. Jassy said the long-standing tradition of weekly grocery stock-ups is fading

00:38as consumers shift toward more frequent. For all things money, visit Benzinga.com.

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