Amazon To Buy Whole Foods for $13.7 Billion

June 22, 2017
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On June 16, Amazon.com Inc. announced it would pay a little under $14 billion to purchase Whole Foods Market Inc. The move is sure to re-invent the grocery store business model while also ramping up Amazon’s brick and mortar retail presence.Whole Foods, known for its organic products, has seen a drop in sales ever since competing grocers started offering […]

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