Jeff Bezos's purchase of the organic food chain is a clear sign that the UK's big grocers will soon be in the fight of their lives Now the UK supermarkets know Amazon is coming - probably. The biggest and most frightening beast in the retail jungle has signalled it is serious about the grocery business. Jeff Bezos's monster is making its largest ever acquisition by paying $13.7bn (£10.7bn) to buy Whole Foods Market in the US. The only mild consolation is that the main action is taking place on ...
Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets
The Guardian - 18 Jun 2017 08:00
Jeff Bezos's purchase of the organic food chain is a clear sign that the UK's big grocers will soon be in the fight of their lives Now the UK supermarkets know Amazon is coming - probably. The biggest and most frightening beast in the retail jungle has signalled it is serious about the grocery business. Jeff Bezos's monster is making its largest ever acquisition by paying $13.7bn (£10.7bn) to buy Whole Foods Market in the US. The only mild consolation is that the main action is taking place on ...
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