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Amazon to Buy Whole Foods for $13.7 Billion

Amazon has stunned the financial and tech worlds by announcing that it will acquire upscale grocer Whole Foods for an eye-popping $13.7 billion. We already knew that Amazon was testing automated convenience stores without cashiers, but the company has even larger ambitions. It seems likely that Amazon bought Whole Foods as a way of gaining access to 431 prime retail distribution centers. Internet wags have suggested that Jeff Bezos accidentally purchased Whole Foods through a muddled conversation with his Amazon Echo and just decided to roll with it.Generic Globefollow link

 

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