What would the world be like if Amazon owned actual retail stores? We’re on the cusp of the answer to that question. Amazon’s acquisition of Whole Foods Market has been finalized. Amazon now owns 431 Whole Foods supermarkets.
The deal between Amazon and Whole Foods Market was announced in June.
Deciding that competitors won’t be harmed and people will still have
plenty of places to buy food, the U.S. Federal Trade Commission (FTC) blessed the merger this week, according to Bloomberg. On the same day, Whole Foods Market shareholders approved the deal, Reuters reported.. . . more