Amazon Dives into Groceries

Roger Meiners is a Goolsby-Rosenthal Endowed Chair of Economics at the University of Texas-Arlington. His research interests focus on legal and economic aspects of environmental policy. Amazon has recently rolled out their Amazon Pantry program where you can have grocery products – bananas, bread, milk, and even ice cream – shipped next-day to your doorstep. Amazon also recently acquired the Whole Foods grocery chain as a subsidiary and now we are wondering, what is the future of grocery shopping? Roger Meiners explains what Amazon is thinking as they make inroads into the grocery business.