Whole Foods calls supplier summit amid Amazon angst


  • TECH
  • Tuesday, 20 Mar 2018

A man walks past an advert for Amazon Locker outside a Whole Foods Market store in Santa Monica, California, U.S. March 19, 2018. REUTERS/Lucy Nicholson

LOS ANGELES/NEW YORK: Whole Foods will host a summit on Tuesday for up to 200 of its suppliers, amid anxiety about how its ongoing business revamp will play out under new owner Amazon.com.

Amazon's US$13.7bil (RM53.64bil) purchase of Whole Foods last summer shook the grocery industry, spawning worries that the e-commerce giant would disrupt groceries the way it upended books, toys and electronics.

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