The cost-of-living crisis is hitting Australians hard, leading some to think about dropping their traditional allegiance to Coles and Woolworths.
E-commerce giant Amazon is catching up to supermarket giants Coles and Woolworths in the online grocery market, as cash-strapped Australian households put the brakes on spending.
Amazon has said it is seeing increased demand for subscription purchases, like health, beauty and grocery items.The number of shoppers who said they planned to buy from the online stores of Kmart, Big W, JB Hi-Fi, Target and Myer fell compared with the previous quarter. Online spending intentions overall have also weakened, with the average consumer expecting their spending will fall over the next 12 months.
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