Amazon to open Pantry, online shopping for bulk consumer goods
In 2014, Amazon is set to open Pantry, a new consumer bulk good division of the company for online shoppers, USA Today reported earlier this week. Amazon, an e-commerce giant, with total revenue about $61 billion in per year, is looking to grab a share of the $470 billion per year consumer packaged goods market. While details have not formally been released by the company, the basic premise of Pantry will provide consumers with the option to buy consumer products online, such as cleaning supplies, paper towel rolls, dry grocery items like cereal, and some beverages. The idea is to have shoppers put as many of these items into a set sized box, up to a specific weight limit.
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