When Was Whole Foods Bought By Amazon. La Monica and Chris Isidore CNNMoneyInvest June 16 2017. 347 PM ET Why Amazon is buying Whole Foods.
At the time of the deal which came as the grocer was under pressure from activist investor Jana Partners Whole Foods was struggling. Amazon spent more than 13 billion to buy this 40-year-old supermarket chain known for. New York CNN Business Four years after Amazon bought Whole Foods the e-commerce giant is making another major push to sell shoppers groceries.
Amazon spent more than 13 billion to buy this 40-year-old supermarket chain known for its organic merchandise and at times its sky-high prices.
Then less than six weeks later Amazon announced it would buy Whole Foods. In 2017 Amazon entered the grocery business by tossing Whole Foods in its shopping cart. 347 PM ET Why Amazon is buying Whole Foods. In April 2017 the Financial Times reported Albertsons Companies looked to purchase organics grocer Whole Foods.
