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June 16, 2017

Amazon buying Whole Foods in bold move into brick and mortar

By ANICK JESDANUN
AP Technology Writer

NEW YORK (AP) — Amazon is buying Whole Foods in a stunning move that gives it hundreds of stores across the U.S. — a brand-new laboratory for radical retail experiments that could revolutionize the way people buy groceries.

The deal valued at $13.7 billion unites the company that persuaded people to buy books — and then everything else — online with the grocery store chain that fell behind as shoppers found "good enough" alternatives to the organic and natural foods it helped popularize.


 
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