Amazon to Launch New Grocery-Store Business

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Amazon to Launch New Grocery-Store Business
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Amazon plans to open a grocery store in Los Angeles before year-end, a new push into the food business that's distinct from its upscale Whole Foods chain

Amazon.com Inc. is planning to open dozens of grocery stores in several major U.S. cities, according to people familiar with the matter, as the retail giant looks to broaden its reach in the food business.

The company plans to open its first grocery store in Los Angeles as early as the end of the year, one person said. Amazon has already signed leases for at least two other grocery locations with openings planned for early next year, this person said.

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