In the battle to gain market share among cost-conscious consumers in the wake of tariffs and inflation, Amazon.com Inc (NASDAQ:AMZN) is ready to heat things up.AMZN stock is in a favorable position. Follow the breaking news here.What Happened: Known best for its e-commerce business model of having items shipped to homes in a few days or even less, Amazon is ready to offer more goods under $5 for consumers.The company recently announced the launch of Amazon Grocery, a private label food brand that unites goo ...

Amazon revamped its private food labels and introduced a new brand, Amazon Grocery. Deb Cohn-Orbach / UCG / Universal Images Group via Getty Images Close Key Takeaways Amazon is priming its grocery lineup for the private-label craze as shoppers look for more ways to save on food. Amazon (AMZN) rebranded its private food labels Wednesday after seeing a 15% jump in the number of company-branded products sold. The new brand, Amazon Grocery, pulls in items sold under the Amazon Fresh and Happy Belly labels, and ...

ToplineAmazon is consolidating its grocery brands into a $5-and-under essentials line, betting that value staples can attract cost-conscious shoppers and finally give it traction in the notoriously low margin grocery business.Close-up of Amazon Fresh grocery delivery bag on the front porch of a home, black and white, illuminated in stark light, in the San Francisco Bay Area, San Ramon, California, February, 2018. (Photo by Smith Collection/Gado/Getty Images)Getty ImagesKey FactsAmazon debuted Amazon Grocery ...

BREAKING: Futures Rise After S&P 500, Nasdaq Hit Fresh Highs Amazon (AMZN) stock rose Wednesday after the tech giant offered updates for two key areas of its e- commerce operations: AI-powered devices and grocery delivery. YOU MAY ALSO LIKE: Seattle-based Amazon announced that it is now offering a private-label brand with a range of grocery items under $5, as it competes to win more price-conscious spenders from Walmart (WMT), Costco (COST) and others. The offering is a combination of Amazon's existing Amaz ...

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced the launch of Amazon Grocery, a new private label brand featuring more than 1,000 high-quality food items rated 4 stars or above. The extensive selection includes everything from milk and olive oil to fresh produce, meat and seafood, with most products priced under $5, offering exceptional value to customers. The new private label brand unites Amazon's customer favorite Amazon Fresh and Happy Belly brands into one cohesive grocery. ...