Amazon to buy Whole Foods Market - Shock wave sent through the grocery industry
June 16, 2017 12:20 PM
Amazon has acquired Whole Foods in a record-setting $13.7 billion deal.
Amazon.com sent a shock wave through the grocery industry Friday when it announced plans to buy Whole Foods Markets and formally enter the world of bricks-and-mortar retail.
The $13.7 billion deal brings to a head a years-long battle brewing between Amazon, the online darling, and traditional retail powerhouses likes Walmart.
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