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Amazon acquires Whole Foods

Amazon website, Amazon acquires Whole Foods marketplace
Amazon homepage
The company that started by selling only non-processed foods back in 1978 as SaferWay and grew to a chain of no less than 431 markets, all located in the US, joins Amazon for $13.7 billion.
Codrut Nistor,
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In a rather surprising move, Amazon acquired Whole Foods, although its own Prime Pantry store for Prime members began to operate only three years ago. On the other hand, Whole Foods entered the market back in 1980. Now, this brand is a super-chain with 431 markets open in the US.

The value of the deal is $13.7 billion and, once the acquisition became public, Whole Foods' closing share gained no less than 27 percent in value (last Thursday). For now, the Whole Foods chain continues to operate without any changes, but things might change in the long run. The deal is expected to close by the end of this year's second half.

In addition to Prime Pantry, Amazon also tries to cover local deliveries of fresh goods via the Amazon Fresh local grocery delivery service. Even more, Amazon also operates a few brick and mortar stores known as Amazon Go. Once the acquisition of Whole Foods closes and the chain becomes a part of Amazon, we expect to see a lot of interesting changes. However, we have to wait a few months until Amazon decides to reveal its plans for the Whole Foods chains.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5414 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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Codrut Nistor, 2017-06-19 (Update: 2017-06-19)