The proposed $13.7 billion acquisition of organic grocery retailer Whole Foods Market by e-commerce giant Amazon holds the potential to upset the grocery cart, so to speak. Yet retail real estate investors should cheer the Amazon-Whole Foods deal, experts say.
Experts predict Amazon will use the Whole Foods stores, in part, as
hubs for grocery pick-up and delivery, helping Amazon resolve the “last
mile” dilemma of how to get products from local shipping hubs to nearby
customers.. . . more