Amazon.com Inc. (NASDAQ: AMZN) is considered one of the best American stocks to buy and hold over the next three years.
On October 1, Amazon announced the launch of a new private label brand called Amazon Grocery. This new brand unifies existing customer-favorite private labels, Amazon Fresh and Happy Belly, into one cohesive collection of grocery essentials.
The consolidation aims to streamline Amazon’s grocery offerings, making it easier for customers to find and purchase high-quality products under a single trusted brand. With this strategic move, Amazon is further strengthening its position in the competitive grocery market.
https://ca.finance.yahoo.com/news/amazon-launches-amazon-grocery-private-205458141.html