Europe’s Grocers Feel Amazon’s Heat

PARIS–Amazon.com Inc.’s Whole Foods deal is adding urgency to European grocers’ push to shift from bricks to clicks.

Carrefour SA, Europe’s largest listed grocer by sales, reported disappointing results and warned it would fall short of sales forecasts, sending shares down 13%. But Thursday’s miss is also part of a much broader scramble to cope with fast-changing consumer tastes and shopping habits. Amazon’s purchase of Whole Foods,…

Leave a Reply

Your email address will not be published. Required fields are marked *

*

nine − 5 =