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Amazon, Walmart and Target are squeezing traditional grocery chains on price

By March 2, 2018 No Comments

The grocery business has always been hard. It’s getting even harder.

National retailers like Walmart, Target and Amazon are increasingly beating regional grocers on prices for the most popular items, according to data provided to Recode by Basket, a startup that makes an app that tracks prices across brick-and-mortar grocers as well as some online retailers.

Across a selection of 15 of the most searched-for grocery items on Basket, Walmart’s prices were 16 percent cheaper than regional and local grocers on average during a recent February week.

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