Amazon and Whole Foods–Good or Bad?

By all accounts Amazon’s purchase of Whole Foods, if it indeed goes through, is a very big deal. No one denies it will have many consequences, whether those consequences are good or bad. What will precisely be the nature of those consequences, though, is not so agreed upon. Of course it may depend on how far into the future one looks. In the near term it is said it will change the food industry, the habits of customers for whom ordering on line may well be easier, the delivery of goods, the nature of retail, the competition to be the largest retailer and for what’s would be left of the retail industry. Amazon which went public in 1997 was then worth $438million with a  stock price of Continue reading “Amazon and Whole Foods–Good or Bad?”