Amazon.com's latest physical retail concept in New York joins a growing list of brick-and-mortar experiments designed to compete with retail giants Target Corp., Walmart Stores and Kroger Corp.
“Where we elbow for customers is in the physical world,” founder and CEO Jeff Bezos told an audience at The Economic Club of Washington, D.C. last month. “That’s where we face competition.”
The Seattle retailer has responded over the past year by buying hundreds of Whole Foods Market stores and…
