Amazon confirms first ever branded grocery store designed as a cheaper alternative to Whole Foods

Amazon will take the next step in its bid to take over the food delivery market with its own company-branded grocery stores. In a report from CNET, an Amazon spokesperson confirmed the company's intention to open the first-ever Amazon-branded grocery store in Los Angeles. While the company hasn't released many details, a job listing discovered by CNET suggest the store will be'Amazon's first grocery store' meaning it will likely carry the e-tailing giant's brand name. Amazon is making its first foray into company-branded grocery stores. The outlets will reportedly offer cheaper options compared to the Amazon-owned Whole Foods.