Walmart introduces proprietary meal kits to compete with Amazon

Walmart tries to beef up its grocery business by selling ready meals

In order to be back in the competition with Amazon, and Jeff Bezos, Walmart is now upping the ante.

Walmart says ten different meals are now available in 250 different stores, but will expand to 2,000 stores by the end of the year.

According to CNBC, the step taken by Walmart is just paving how major market shareholders of retail will step into the meal market in the near future, and reach to the customers beyond their store walls.

Walmart, the biggest grocer in the United States, is expanding its meal-kit business. Walmart's service requires no subscription. The company says it will start selling prepared "meal-kits" at stores across the country. Albertsons acquired meal kit service Plated in September 2017 and is introducing the product into Albertsons stores; and Kroger is testing and producing new meal kit recipes through its recently launched Culinary Innovation Center. Amazon started selling ready-to-cook meals in July. Thai Curry Chicken and Chicken Fried Rice dishes are in the rotisserie chicken lineup.

Aldon Smith surrenders to San Francisco Police after alleged domestic violence incident
San Francisco police said an arrest warrant had been issued for Smith over allegations that he assaulted a woman Saturday night. According to the Mercury News , the police report indicated Smith bit his fiancée's wrists and then climbed out the window.

The meals are offered between $8 and $15 and can be served within 15 minutes.

Although several other retailers have tried the meal kit option, a lot of them haven't succeeded in this business venture. The news sent Blue Apron Holdings Inc. shares down 1.5% in Monday premarket trading.

Blue Apron laid off hundreds of workers previous year and its share price has plunged 74%.

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