Watch Why Amazon is Buying Whole Foods News Video

26 sec read

“Amazon agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, in a deal that will instantly transform the company that pioneered online shopping into a merchant with physical outposts in hundreds of neighborhoods across the country.

“The acquisition, announced Friday, is a reflection of both the sheer magnitude of the grocery business — about $800 billion in annual spending in the United States — and a desire to turn Amazon into a more frequent shopping habit by becoming a bigger player in food and beverages.

“After almost a decade selling groceries online, Amazon has failed to make a major dent on its own as consumers have shown a stubborn urge to buy items like fruits, vegetables and meat in person.”

Read more at New York Times

Author

Watch The Pogues Frontman Shane MacGowan Dies at Age…

“When I was a kid, in those days before streaming services, my dad would insist on playing the oldies station every time we were...
JM
27 sec read

Watch ‘Golden Bachelor’ Gerry Turner’s Ex-Girlfriend Speaks Out Reality…

“In a new interview with People following allegations that he had a long-term relationship in the years after his wife Toni’s passing, Turner admitted...
JM
16 sec read

Watch New ‘Godzilla Minus One’ Chris Stuckmann Movie Review…

“Even as Godzilla, the kaiju, has been reimagined as a baby, a Westernized egg-laying creature more akin to a dinosaur, and a metamorphosing terror...
JM
22 sec read