Whole Foods Amazon Acquisition. Amazon agreed to buy the upscale grocery chain whole foods for $13.4 billion, in a deal that will instantly transform the company that pioneered online shopping into a merchant with physical. As a down payment on that … continued
With whole foods under its umbrella for the last two years, amazon has increased the visibility and benefits for its prime members. New delivery models could be coming to whole foods. Online, amazon may have significant grocery market share, but it is far from an overall grocery giant.
According to cnbc, amazon’s goodwill accounted for $9 billion of the $13.7 billion acquisition price for whole foods.that means roughly 70% of the price amazon paid was for the future growth it.
In this article, i’ll cover the differences between amazon fresh and whole foods. They will need to fight for eyeballs and learn new. Jeff bezos has disrupted the retail landscape (again). On friday, news broke that jeff bezos, founder of the online retail monolith amazon, would be acquiring whole foods for an astounding $13.7 billion.