Why don't you shop for groceries online?
BI Intelligence

See Also

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THE SHIP-FROM-STORE REPORT: Why legacy retailers need to rethink the purpose of their brick-and-mortar stores

THE FREE SHIPPING REPORT: How this pervasive perk is eating away at margins, and the strategies retailers can adopt to compete with Amazon

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Amazon announced on Friday that it will acquire Whole Foods for $13.7 billion, giving the online retail titan a large store network and a foothold in the $600 billion US grocery industry, Business Insider reports.

The massive acquisition raises the possibility that Amazon could disrupt both the grocery market and the in-store shopping experience more broadly.

Whole Foods’ 465 stores in North America and the UK will give Amazon the brick-and-mortar presence it needs to succeed in grocery retail. While Amazon has been building up its AmazonFresh online grocery delivery service, it needs a physical presence to truly tackle the grocery segment, as online grocery sales still only make about 4% of the total US market, according to Nielsen.