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| Amazon wasn't alone in investing in grocery stores last year ... in the year Amazon acquired Whole Foods, according to a new report from Jones Lang LaSalle. But investments in grocery-anchored shopping centers in 2017 climbed 5.3 percent from 2016, JLL found, making it one of the only retail sectors to see deal growth in a year of low transaction volume.
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| Amazon sets up 15 centres for grocery, consumables BENGALURU: Amazon India has set up 15 specialised fulfilment centres (FCs) to ramp up its daily essentials and consumables business for Amazon Now. The company ... The development comes at a time when Alibaba finally inked a $300-million investment deal with online grocer BigBasket recently.
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