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Amazon's Acquisition of Whole Foods Affects Grocery and Food Industry

Amazon's Acquisition of Whole Foods Affects Grocery and Food Industry

Amazon.com, Inc. (NASDAQ: AMZN) recent acquisition of Whole Foods Market (NASDAQ: WFM) is sending waves throughout the grocery and food industry, and Blue Apron Holdings (NYSE: APRN) is just one of those negatively companies affe..

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon.com Inc. (NASDAQ: AMZN) on Friday announced to buy Whole Foods Market Inc. (NASDAQ: WFM) for $13.7 billion, including debt, a move that will help Amazon expand its online grocery business as well as the brick-and-mortar retail grocery market...

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German grocery chain Aldi announced over the weekend that it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022. Aldi operates 1,600 U.S. and is now planning to open 900 new stores over the next five years. The announcement was..