Amazon is buying Whole Foods
Matt Yglesias: “A big city daily newspaper, physical bookstores, a supermarket chain. Bezos’ futuristic vision is all coming together.”
Alex T. tweeted: “I already do 80% of my shopping at Amazon and Whole Foods. I am beginning to get worried.”
Ross Douthat: “What if Bezos intends to turn Whole Foods into a Mormon-style charitable storehouse …”
Me: “Perhaps preserving my favorite brands of Whole Foods dark chocolate is Jeff Bezos’s plan for short-run public charity.”
@JesalTV: Jeff Bezos: “Alexa, buy me something from Whole Foods.” Alexa: “Sure, Jeff. Buying Whole Foods now.” Jeff Bezos: “WHA- ahh go ahead.”
Here is an earlier Conor Sen piece on Amazon acquisition strategy.
And above all else: “Dow opens down 10 points. Amazon jumps 3% after deal to buy Whole Foods. Walmart slumps 7%, Kroger plunges 16%”
Here are more retail share price declines.