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Report: Online giant slashes seller fees to improve online grocery selection

Amazon thinks it has found a way to become a more attractive online grocery destination.

In a move to improve its online grocery assortment, Amazon told businesses that sell non-perishable grocery items on that it was lowering its fees on items priced at $15 or less, according to ReCode. The online giant previously charged 15% on all grocery items, but will now charge only 8% on the lower-priced goods for at least the next year.

The strategy takes aim at rival Walmart, which charges 15% on all grocery items sold through its online marketplace. Walmart’s Jet division charges only 10% for most non-gourmet packaged foods — still higher than Amazon’s new proposed fee.

Amazon hopes the new strategy will help suppliers list more products and keep prices competitive, according to the report.

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