Amazon Moves to Conquer Groceries with Whole Foods Purchase
The big business news rolling into the weekend was Amazon’s purchase of Whole Foods, a move that seemed to take the retail world by surprise. Industry analyst Charlie O’Shea calls the $13.4 billion deal “a transformative transaction, not just for food retail, but for retail in general.” Soon, Amazon will have 460 Whole Foods stores […]
Walmart Grows E-Commerce Wing with Pending Bonobos Purchase
Walmart may be the number one retailer in the world overall, but it lags far behind Amazon in online sales — and as anyone who’s paying any attention knows, the future is in e-commerce. Amazon’s exponential rise seems unstoppable; the company captured more than half of all online sales growth in 2016. It is finding […]