With Whole Foods, Amazon is going to eat the grocery industry

June 22, 2017

Image: Shutterstock / Dmitry Guzhanin News broke last week of Amazons plans to acquire supermarket chain Whole Foods for a reported $13.7 billion. The purchase of the Austin-based grocers more than 450 stores marks Amazons most ambitious step into the brick and mortar retail space, giving them immediate access to a large network of physical locations. While Amazons Prime Now offering has already begun shaking the U.S. retail industry, their…

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Amazon Prime Wardrobe lets you try on and return clothes free

June 21, 2017

Amazons latest perk for Prime members could make us more stylish by letting us buy everything that catches our eye and return what doesnt fit. Today Amazon revealed Amazon Prime Wardrobe, which is currently in beta, but you can sign up to be notified when it launches. First you pick at least three items, and up to 15, from more than a million Amazon Fashion options, including clothes, shoes and…

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Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion

June 18, 2017

Amazon is devouring Whole Foods for $13.7 billion Chinas Mobike causes $600 M to expand its bicycles on-demand service worldwide Credits Written by : Tito Hamze, John Mannes Hosted by : Tito Hamze Filmed by : Tito Hamze Edited by: Chris Gates Notes : < li> I dont know what to wear on Crunch Report( Its a hard decision and I suck at dressing myself ). If you are a…

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What will Amazon do with Whole Foods? Here are 5 possibilities

June 18, 2017

Amazon CEO Jeff Bezos comes out on top once again.Image: CHIP SOMODEVILLA/GETTY IMAGES On paper, Amazon just bought a struggling overpriced grocery chain for more than $13 billion. But the online retail giant sees much more in Whole Foods than a simple supermarket. Jeff Bezos’ sprawling retail empire will no doubt squeeze every last cent out of Whole Foods’ various assets in ways that only a company as large as…

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Does Amazon’s Whole Foods even need cashiers anymore?

June 17, 2017

Owned by Amazon.Image: julie Jacobson/AP/REX/Shutterstock Six months ago, Amazon caused fear for the long-term future of grocery store jobs with Amazon Go, its first experimental cashier-less grocery store. But it was just one store. Amazon didn’t have much of a presence in the real world. It’s something to worry about but maybe not immediately. On Friday, those concerns suddenly become a lot more tangible when Amazon announced that it had…

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Amazon wants to become Walmart before Walmart can become Amazon

June 17, 2017

The future of retail will be a combination of both online e-commerce and a brick-and-mortar retail existence as recent moves from both Walmart and Amazon have shown, including todays back-to-back proclamations from the two contenders, which accompanies Amazon buying a chain of popular grocery stores with aWhole Foods slew for $13.7 billion, and Walmart picking up yet another online garment merchant with Bonobos for $310 million. Walmart is the only…

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Amazon will probably kill the crazy lines at Whole Foods

June 17, 2017

There’s no greater hell than waiting in a long line at Whole Foods on a Saturday afternoon. Luckily, there could be some sweet relief coming soon. Alexa to the rescue? Maybe. Amazon announced on Friday its plans to acquire the grocery store chain in a deal valued at $13.7 billion. So why in the world is America’s biggest online retailer suddenly trying to get into the grocery industry? SEE ALSO:…

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Amazon, now a physical retailer too, is granted an anti-showrooming patent

June 17, 2017

Amazon was recently granted a patent that could be used to prevent brick-and-mortar retailers from leveraging technology in their collects that could stop buyers from equating premiums of in-store commodities to those online. Yes, it appears that a new patent who are able to avoid the course of carrying out showrooming, is now, hilariously , in the mitts of Amazon the extremely fellowship that helps most from those who implementation…

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Other grocery stocks plummet as Amazon buys Whole Foods for $13.7B

June 17, 2017

Amazon intimidated investors away from contesting convenience store today when it acquired Whole Foods for $13.7 billion. Wal-Mart, Target, Costco, Kroger, and more all looked their share expenditures subside dramatically. Amazons ecommerce empire, intelligent trucking distribution network, advanced engineering, and deep pockets could all facilitate Whole Foods run circles around its old-fashioned rivals. As of busines close today, heres the unpleasant country of the rest of the grocery industry 😛…

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