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Amazon Fresh to cut grocery prices by as much as 30% to bring back inflation-battered customers

Amazon Fresh to cut grocery prices by as much as 30% to bring back inflation-battered customers

NY Post
Tuesday, May 28, 2024 03:38:35 PM UTC

Amazon is slashing grocery prices by up to 30% in hopes of luring inflation-weary customers — following in the footsteps of other major retailers such as Target and Walmart.

The company said that it will reduce prices of 4,000 items at its Amazon Fresh grocery stores online as well as at its handful of brick-and-mortar locations.

Amazon Fresh shoppers will be offered discounts on meat, seafood, frozen food, dairy and cheese, beverages, snacks and pastas, the company said on Friday.

The price reductions will apply to national brands as well as Amazon-owned private label products.

“Increasing our weekly deals across thousands of items and expanding the reach of Prime Savings at Amazon Fresh is just one way that we’re continuing to invest in competitive pricing and savings for all of our customers – both in-store and online,” Claire Peters, worldwide vice president with Amazon Fresh, said in a statement.

Those who already have Amazon Prime membership can get an additional 10% off of the discounted items from Amazon Fresh, according to the company.

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