Amazon is buying Whole Foods in a deal valued at $13.7 billion - CNBC
In 2017, Amazon fundamentally disrupted the retail landscape by acquiring for $13.7 billion , a move widely seen as a bold entry into brick-and-mortar grocery and a way to bolster its logistics and Prime membership ecosystem. Deal Overview & Logistics amazon buying whole foods market
: Following the June 16, 2017 announcement, Whole Foods' stock surged by 28% , while competitors like Kroger saw significant drops in share price due to fears of market disruption. Amazon is buying Whole Foods in a deal valued at $13