Browsing: Whole Foods Market

Last week, bought the Santa Monica, California-based smart home equipment maker Ring for an estimated $1bn in cash. Though filled with less import than the company’s $13.4bn acquisition of Whole Foods has reminded investors that luring shoppers away from stores and dominating the cloud computing industry isn’t cheap. The company on Thursday forecast a potential quarterly loss for the first time in’s expansion plans, including its agreement to buy Whole Foods Market for US$13.7bn, are raising hackles in Washington – and Wall Street is taking notice. A US lawmaker has called for hearings on the proposed deal to

Stock investors have signalled over and over that they’re worried Amazon will steamroll any industry it touches. That’s a fair worry for the most part. However, corporate leaders around the world should not be without hope will acquire Whole Foods Market for US$13,7bn, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfils a long-held goal of selling more groceries. Amazon agreed