Cleveland Research told investors in a note prior to the open that its checks suggest Amazon (AMZN) recently went live with pet pharmacy products. First shipments to consumers are expected next week and the firm is hearing that Amazon plans to “more aggressively market the solution” to members around Amazon Pet Days upcoming on May 13-14, the firm stated. Deals and pricing appear to be identical to Chewy (CHWY), with Amazon matching the 5% discount on all autoship orders, according to the firm, which added that it will monitor the competitive landscape and how it does or doesn’t impact Chewy’s prescription business over the coming weeks. In early trading, shares of Chewy have slid $1.03, or nearly 3%, to $36.47.
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