Wal-Mart Stores appears "best positioned" among the major food retailers to capitalize on the next phase of growth in online grocery and take on Amazon, according to a new report from Citi Research.
Kroger also scored high among the pure-play grocers in terms of its online grocery positioning compared with e-commerce giant Amazon, particularly as it related to pricing. But at the bottom of the list was Whole Foods Market.
Citi looked at the potential winners and losers in the online grocery space using a five-point analysis that looked at factors such as profitability, brick-and-mortar pricing, online pricing, exposure to Seattle-based Amazon, as well as any early adopter advantage.
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