Amazon to buy Whole Foods for 13.7B
 

Amazon is buying Whole Foods in a deal valued at $13.7 billion

Amazon to buy Whole Foods for $13.7bn - BBC News

What a juggernaut move by Amazon, Walmart stock already suffered today :notbad:

wonder if they'll implement a prime member discount or something related in the future

Always thought their goal was the license out the use of their AmazonGo system to stores but I guess they want to try and implement it into whole foods now that they have brick and mortar.

I'm excited about the food delivery service they are going to have. It's going to blow all of the other retail store's that have been doing it out of the water.

sure, but then you have to pay whole foods prices

I, for one, welcome our new overlords.

Amazon owns container ships too.

I cannot wait for my Primevalue meal shipped by my Primedelivery drone.

If they convert the stores into their Amazon Go system that would be cool, and whole foods pricing would make sense for that

crazy, still blows my mind that people shop at whole foods.

They will combine Amazon Prime with whole foods. Amazon also just released a want that lets you scan bar codes to order stuff. Combined with Whole foods you will be able to all your shopping from home and have it delivered in 2 days or less. Have a feeling that whole food stores will become distribution centers for Amazon. This is huge.

Its called Amazon Pantry and Amazon Fresh, in select markets...

everything is in amazon

Most of the products at Whole Foods are extremely overpriced, but their meats and seafood is usually top notch.

Surprisingly enough, their sandwich counter has some pretty awesome sandwiches for $8-9.

all this time I thought whole foods was local like Lululemon
did not know it was a $10B+ juggernaut :ahwow:

hopefully it isnt the down fall of amazon.com....big move to be throwing that much money at brand name,You think they would start they're own and just simply push whole foods out of the game slowly over time....

crazy how they bought twitch.tv for like 900 million dollars and now the value of it is 2 billion.

I for one am still not sure about the whole online grocery shopping especially for produce items.

I still like to pick and choose my own items especially veggies and fruits instead of having someone else do it for me and deliver it.

Their market cap is 433B. They can afford it even if it goes under.

Whole Foods has an established brand in North America that is synonymous with top quality produce and meats. Yes, they're much more expensive compared to Superstore/Safeway/Save-On-Foods, but the higher price reflects the quality of goods you're purchasing.

I only recall seeing the one store in kits, or was it west van... Always thought it was just an American thing lol

Have you tried it? Here in Calgary the produce selected is better then the produce available in the store to walk in customers.

interesting,haven't tried it...the funny thing is Walmart's entire food selection is cheaper than Safeway sometimes.

i never got the idea of shopping online for produce,i automatically think they'll charge an arm & an leg for it,For millionaires who don't respect money,I've saw wealthy people have food delivery services and they're meal for pick up and delivery add up to $60 usd dollars for those services for a simple take out meal.

I'm looking forward to it. I think Amazon's scale will decrease Whole Food's prices.

My wife tore her achilles a month ago and I have two young kids so grocery delivery has been more useful than I thought it would be.

I use Save-On-Foods delivery at least once a week, but it could definitely be faster and cheaper. The quality has always been ok- if you don't like the quality of an item, you can always reject it at the door. I think the delivery produce market is always going to be more premium than your lowest price asian grocery store; people are paying a premium to have it delivered, so they'll be willing to pay a bit more for better quality.

We use Thrifty Foods online delivery from time-to-time.

For the curious and bored here's a good article explaining the evolution of the grocery store http://paulellickson.com/SMEvolution.pdf, mind you it is a few years old.