Amazon dives into groceries with Whole Foods: Five questions answered
- Written by Roger Meiners, Goolsby-Rosenthal Endowed Chair of Economics, University of Texas Arlington
Editor’s note: Amazon became a major player in the supermarket business overnight after the online retailer said it was buying upscale grocery chain Whole Foods for US$13.7 billion, including debt, a premium of 27 percent over Whole Foods’ presale share price. The purchase would be Amazon’s biggest ever. We asked economist Roger...
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