One Year After Amazon`s Whole Foods Buy, The Online Grocery Battle Lines Are Being Drawn

Amazon`s acquisition of Whole Foods, announced one year ago this week, has created ripple effects from the pockets of grocery shoppers to the profits of Wall Street investors. But the seismic wave of change the deal could have on retail`s future has only just begun to take shape.

Amazon is betting it can transform the $641B U.S. grocery industry the same way it has so many others: by delivering products to consumers` doorsteps faster and more cheaply than its competitors...

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RSK: Everone seems to think it is Amazon driving this... it is not. It is what the consumer wants and Amazon has discovered this and is serving the need. I still ask myself...Is nothing sacred? Yes, haircuts haha.



- - Volume: 6 - WEEK: 25 Date: 6/19/2018 8:25:26 AM -