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Tag Archive | "grocer news"

CNBC: Is Amazon Killing Kroger? Not So Fast; They’re Fighting Back with Automated Grocery Fulfillment Centers

In 2017, Amazon announced its intent to purchase grocery chain Whole Foods. For Kroger this was the latest challenge in the brand’s 136 year old history. Starting in the 1980s and ’90s the brand faced challenges from Walmart. But now Kroger is fighting back as it develops a partnership with Microsoft to take on Amazon’s […]

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Amazon to Buy Whole Foods for $13.7 Billion; Bets on Physical Stores and Food Business

FBN’s Stuart Varney and Liz MacDonald on Amazon’s deal to buy Whole Foods. Online giant Amazon.com announced Friday, June 16, 2017 that is buying organic grocery chain Whole Foods (WFM) for $13.7 billion in cash. Click stock charts to go direct to stock on Yahoo! FINANCE … Amazon (AMZN, Tech30) said Whole Foods stores will […]

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