Amazon is quietly turning into a major rival for Coles and Woolworths
Goldman Sachs estimates it is now the second-largest online retailer in Australia, but sales are still a fraction of the big supermarkets. Will that change?
Krechelle Carter runs a busy household in the southern suburbs of Adelaide. As a mother of six, every dollar counts. Last year, she turned to Amazon – the American online retailer best known for books and electronics – for toilet paper and dishwashing liquid.
For families such as the Carters, it has become a go-to destination for bargains on basic grocery items.
This article has been updated to attribute some of Amazon’s capital expenditure figures to Goldman Sachs research.
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