Amazon.com, Walmart.com to offer cheaper grocery prices
Com, Walmart., and other grocery retailers will offer cheaper prices for groceries, starting Nov. 1, in the U.S. and Canada, a source familiar with the plans told POLITICO.
The price increases will come at the end of the month.
Amazon.co.uk and Amazon.ca will drop their prices by 20 percent, and Walmart.ca and Walmart’s U.K. branch will also drop prices by 15 percent, the source said.
The source declined to name the retailer that will offer the discounts.
Amazon has been struggling to keep pace with the increasing popularity of online shopping, with its prices for items ranging from groceries to diapers and household items.
Walmart, meanwhile, is trying to hold on to its market share by offering more low-priced items like diapers and diapers-related accessories at competitive prices.