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Sunday, July 9, 2017
Amazon Wants To Eat Whole Foods, And Put Retail In A Jam (Tom Ashbrook, On Point)
Amazon shook the earth last week with a $13.7 billion move to buy Whole Foods. It would give the online juggernaut an immediate real estate footprint – over 400 physical stores – and expand the company’s foothold in the food business. It’s touted as a game-changer for groceries, but it could also rock the struggling retail industry. This hour On Point: Amazon’s purchase of Whole Foods and the future of retail.
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