Europe's retailers continued to claw back some ground having been clobbered along with U.S. peers like Wal - Mart and Target on Friday by net - giant Amazon's $ 13.7 billion deal to buy
upscale grocer Whole Foods Market.
That move, along with Amazon's industry - altering deal to buy
upscale grocer Whole Foods Market, has weighed on Blue Apron's shares since their market debut.
Not exact matches
Amazon's $ 13.7 billion deal for
Whole Foods Markets came together swiftly after the
upscale grocer battled activist shareholders over its future earlier this year.
Amazon will also begin selling
Whole Foods» store brands on its site, install Amazon pickup lockers in some locations and meld its Prime program into the
upscale grocer's operations.
Amazon shook up the retail sector with the announcement on June 16, 2017, it would acquire
upscale U.S.
grocer Whole Foods Market, known for its pricey organic options, in a deal that underscores the online giant's growing influence in the economy.
Even
Whole Foods has gotten onboard; in 2016 the
upscale grocer added lionfish to the shelves and started promoting it as «an invasive species» in the Atlantic Ocean and Caribbean Sea, «far from its native waters.»
Albertson's demise leaves Kroger and Safeway as the only national mid-price
grocers in a segment that's being increasingly dominated by superstores run by Wal - Mart and Target Inc., discount chains like SuperValu and
upscale players like
Whole Foods and Wild Oats markets.
Albertson's demise leaves Kroger and Safeway as the only national mid-priced
grocers in a segment that's being increasingly dominated by superstores run by Wal - Mart and Target Inc., discount chains like SuperValu and
upscale players like
Whole Foods and Wild Oats Markets.
Green says one of the best strategies today might be to bring in an
upscale grocer like a
Whole Foods or a Wegmans because people shop for groceries at least several times a month.