Grokking Amazon’s Whole Foods Acquisition

Last week Amazon.com announced the game-changing acquisition of Whole Foods Market (WFM) for $13.7 billion [see WSD 06-16-2017]. Having taken the weekend to research and mull over the deal, let's take a look at some of the implications for the alcohol business. AMAZON'S STRUGGLES IN DELIVERY. Amazon generated around $5 billion in overall grocery sales in 2016, according to a note from RBC Capital, but its fresh food delivery has not taken hold as quickly as some of its other