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Seattle Shoppers on Amazon/Whole Foods Deal

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(16 Jun 2017) Amazon is buying Whole Foods in a stunning move that gives it hundreds of stores across the U.S. — a brand-new laboratory for radical retail experiments that could revolutionize the way people buy groceries.The deal valued at $13.7 billion unites the company that persuaded people to buy books — and then everything else — online with the grocery store chain that fell behind as shoppers found "good enough" alternatives to the organic and natural foods it helped popularize.Amazon already offers grocery-delivery services in five markets, but the Whole Foods purchase would let it expand to many more. Amazon also offers grocery shipments elsewhere, but that's tough with perishable foods.You can license this story through AP Archive: http://www.aparchive.com/metadata/you... Find out more about AP Archive: http://www.aparchive.com/HowWeWork

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AP Archive apus078868 3a94d3bb3b037f78889f78f6362c213f US Wa Amazon Joan Walsh Washington United States Seattle Business
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