Amazon to buy Whole Foods for $13.7 billion

Amazon has announced that it has agreed to acquire Whole Foods Market, the upscale grocery chain best known for its organic foods. Amazon has experimented with physical bookstores, a cashier-less convenience store, and grocery pickup locations, but this is by far their biggest push into offline retail. This acquisition gives Amazon over 460 stores in the United States, Canada and Britain. It should be interesting to see how Amazon incorporates their technological prowess into those stores.

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5 comments
  1. Reflex says:

    Sigh. Not a fan of WF. Hopefully Amazon can move them away from their current pseudoscience marketing approach.

  2. clocks says:

    Groceries are one of the few things I still shop for outside the house. I am hoping Amazon can completely turn me into a hermit.

  3. Yuck says:

    I’d love to get rid of my drive to the store. Whole Foods’ prices won’t do it though.

  4. At one point I had hoped Amazon would one day deliver my groceries. Since then, local prices have plummeted while quality and selection have soared. I look forward to shopping for groceries. Ironically, Alexa has a lot to do with that. I have never set foot in a Whole Foods store. Drive past one twice a day.

    Also, I do not shop at Walmart or any of the warehouse stores. Since Aldis arrived, I can buy reasonable quantities at wholesale prices.

    I originally posted something similar to this in a thread about the death of brick and mortar retailers. In 2017, I have only placed four orders via Amazon — coffee, a pair of Shows, disclosure tablets, and a cleaner. That is down from 27 orders last year.

  5. Masterblaster says:

    Amazon Fresh has less than a million subscribers. With the cost in the infastructure needed to grow the service, more affluent customers need to use the service. This purhase of Whole Foods will help with Amazon Fresh grocery subscription service. The locations of these stores are where people already expect a higher quality food. Now add in Amazon Delivery services, Fresh and Prime Now, Amazon growth will continue to increase.

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