On paper, Amazon just bought a struggling overpriced grocery chain for more than $13 billion. But the online retail giant sees much more in Whole Foods than a simple supermarket.
Jeff Bezos' sprawling retail empire will no doubt squeeze every last cent out of Whole Foods' various assets in ways that only a company as large as Amazon can.
To Amazon, Whole Foods is essentially a knockout punch to the comparatively tiny startups battling it out in the grocery delivery wars. It's also a quick way to amass hundreds of distrubution centers, a fleet of premium food brands, and an army of retail employees. Read more...
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