Despite spending billions, Amazon's grocery strategy is unprofitable and incoherent; Amazon and Whole Foods had an estimated 2.4% US grocery share in December (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Despite spending billions, Amazon's grocery strategy is unprofitable and incoherent; Amazon and Whole Foods had an estimated 2.4% US grocery share in December  —  - Amazon's grocery endeavors have cost many billions of dollars over the past 15 years but have yet to yield a coherent strategy.

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