SUBSCRIBERS
Whole Foods buy just the start of Amazon's costly process to reshape grocery delivery: industry players
Published Sun, Jun 25, 2017 · 09:50 PM
San Francisco
IF Amazon.com Inc hopes to revolutionise grocery delivery, then its bid to buy Whole Foods Market Inc for US$13.7 billion will be just the start of a long and costly process.
The e-commerce giant would need to add a large network of specialised grocery distribution warehouses, former AmazonFresh employees and logistics experts said. This is something Wal-Mart Stores Inc and other competitors have already done.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Cordlife served letter of demand, notice of claim from customers
IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director