The Whole Foods Market in Midtown New York is seen on June 16, 2017. - AFP
NEW YORK: Amazon’s deal to buy Whole Foods Market injects even greater pressure into the food and grocery sectors at a time when e-commerce is already roiling retailers.
The tech giant’s US$13.7bil acquisition of the upscale, niche grocery chain was described as a seismic event by industry analysts, despite Whole Foods’ relatively small size.
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