Amazon Is Buying Whole Foods: What Does That Mean For The Chain?
SAN BERNARDINO, OCTOBER 29: Shipping orders go by on a conveyor belt at Amazon's San Bernardino Fulfillment Center October 29, 2013 in San Bernardino, California. Amazon's 1 million square-foot facility in the hard hit San Bernardino County has created more than 800 jobs at the center. Fulfillment centers are where products sold by other vendors on Amazon.com store their inventory. (Photo by Kevork Djansezian/Getty Images)
At a whopping $13.7 Billion, Amazon will be acquiring Whole Foods, who currently has 430 locations.
According to The Washington Post, the store would continue to operate under the existing brand, in contrast to what tech heads considered: when Amazon was going to create the first store that would just ring you out based on your smartphone.
We wonder if something will be implemented like this in Whole Foods’ future once AmazonGo is in use, but as of right now, they aren’t sharing the details.
Amy Cooper is the type of journalist that when asked “What do you bring to the table,” she replies “I am the table.