The $13.7 billion Whole Foods deal in 2017 provided Amazon with a real estate portfolio and access to a leading consumable – food – to further strengthen its subscription pantry delivery service. Soon after taking ownership of Whole Foods, Amazon announced sizeable price cuts, some Whole Foods stores began selling Amazon technology, and the Whole Foods’ loyalty program was replaced with Amazon Prime.
Its growth strategy already underway there, is Amazon scoping out another retail to join the fold?. . . more