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Posts Tagged ‘U.S. grocery industry’

Amazon’s purchase of Whole Foods is being described as the deal of the century.

Source: Perspectives: The Atlantic — Why Amazon Bought Whole Foods

 

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This means Amazon is now going to compete head on with Walmart, as well as Target, Costco, and Kroger (all of whose stock prices tumbled on the news). Within 10 years, they’ll all be gone. Amazon is on the verge of owning American retailing.

Source: Perspectives: Washington Post — Amazon to buy Whole Foods Market in deal valued at $13.7 billion

 

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