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How Amazon’s $13.7 billion acquisition of Whole Foods will impact the grocery industry

Amazon.com Inc.’s announced $13.7 billion acquisition of upscale grocery chain Whole Foods on Friday represents a turning point for the grocery industry according to some analysts. “It means they no longer have the luxury of waiting to see if online grocery will become a trend,” says Forrester Research Inc. analyst Brendan Witcher, who specializes in […]

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