Should the deal close, some analysts project Amazon will leap frog several supermarkets to become a top five player in the us grocery sector.
Bug fixes, plus nighty nighty to Apple Watch and iOS 9 support. One of the biggest obstacles that stopped Whole Foods from exploding in growth is the exorbitant prices of its products.
Americans gravitated toward discount retailers like Ross Stores during the recession, and those companies still benefit from an aversion to full-price items.
Texas-based Whole Foods, which has nine United Kingdom stores mainly in London, will continue to operate under its own brand.
She conceded it might be tough to outbid Amazon, but it could still be worth it to drive up the price and make Amazon pay more. This acquisition was not just a step to further its natural food and organic offerings, but a way to cement a presence in the brick-and-mortar grocery space.
The acquisition of Whole Foods will give Amazon an established network of brick-and-mortar stores across the country, considerably expanding its grocery delivery capabilities.
"I think retailers are going to have to bring a lot of excitement to the store", said Stew Leonard Jr., CEO of Stew Leonard's, a grocery chain with five locations in CT and NY.
The Seattle-headquartered e-commerce giant is considering replacing Whole Foods cashiers with technology, according to the report.
Commenting on the deal, Rupal Karia, Head of Commercial, UK and Ireland at Fujitsu cited research that 75% of people believe Amazon will become their go-to store if they have a physical presence. Warehouse stores, which have expanded into grocery sales, were also down, Costco by more than 7 percent and Wal-Mart by almost 5 percent. Amazon spokesman Drew Herdener says the company has no plans to use such sensors to automate the cashier jobs at Whole Foods.
Any buyer of Whole Foods would likely argue that it was not in the same market, said Alden Abbott, an antitrust expert with the Heritage Foundation. They're called Amazon Go stores. Whole Foods already has a lot of in-store dining and lots of prepared foods.
It is doubtful that beer distribution was the driving force behind the acquisition of Whole Foods, but it will have a material impact on the industry and the relationship between the three tiers. But the good news for shoppers and ultimately for the health of the company is that Jeff Bezos, the Amazon king, won't make any rash moves to justify the huge purchase of Whole Foods to Amazon shareholders. However, despite launching its Amazon Fresh food delivery service over a decade ago, the company accounts for less than 0.5 percent of grocery spending in the U.S. today.