What will Whole Foods of the future, powered by Amazon, look like?
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?
Well, Amazon has been pushing to expand its footprint in the grocery business for quite some time. Even as many U.S. consumers are buying other goods like clothing and electronics online, groceries have been one of the last bastions of brick-and-mortar shopping. Read more...
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