Four Easy Ingredients to Make an Amazon-Whole Foods Souffle
If for some strange reason you were reading tech news this weekend, you likely ingested endless analysis of Amazon’s blockbuster announcement that it intends to acquire organic grocery chain Whole Foods Market Inc. The New York Times called it more evidence of Jeff Bezos’s prodigious tolerance for risk. Writing for VentureBeat, Fahim Naim, a former Amazon.com Inc. category manager, said Whole Foods stores could double as mini-fulfillment centers and hubs for Amazon Fresh. Consumer Reports said Amazon’s big opportunity is to use devices like the Echo and Dash Wand to make groceries easier to buy.
In the coming weeks, we’ll see whether the Trump administration, despite numerous job openings at the Justice Department and Federal Trade Commission, will decide to throw obstacles in Amazon’s way. We’ll also find out soon whether any competing bids emerge for Whole Foods.