How Grocery Stores Can Survive Amazon

It's time for traditional grocers to get their act together.

Amazon has made clear it's coming for your neighborhood grocer. And based on the e-commerce giant's track record of putting competitors out of business (ahem, Borders, Circuit City), traditional grocery stores had better hurry up and improve their online offerings, or prepare to meet their makers.

At least supermarket chains have two advantage booksellers and electronics stores didn't. First, they have a head start: They're well aware of Amazon's category-killing threat by now. Second, they have customer loyalty. Many of the book and electronics stores annihilated by Amazon were national chains people visited occasionally, while grocers are embedded in neighborhoods and visited on a daily or weekly basis by people who need food to survive.

To read the rest of the story, please go to: Bloomberg