Saturday, July 21, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google, Facebook, Microsoft, and Twitter Partner on New Data Project
Foxconn Breaks Ground in In Wisconsin Plant, Looks at AI and Beyond Apple
Western Digital and Toshiba Begin Sampling 96-layer QLC NAND
Cloud Services Keep Boosting Microsoft's Revenue
Comcast Won't Pursuit Fox assets, Focuses on Sky Offer
EU to Probe Qualcomm Over Pricing Case
Google's Project Fuchsia Could Be The Successor of Android Successor to Android
TSMC Cuts Sales, Spending Outlook
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Amazon ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, June 16, 2017
Amazon is Making Strong Move into Groceries With $13.7 billion Acquisition of Whole Foods


Amazon is buying Whole Foods in a deal valued at about $13.7 billion, in a move that will help the online retail giant expand its reach into a physical network of grocery stores.

Amazon.com Inc. will pay $42 per share for Whole Foods Market Inc., including debt. That marks an 18 percent premium to Whole Foods' closing price on Thursday.

Whole Foods had been facing increased pressure from rivals, including European grocery chain Lidl, which is planning to enter the East Coast market, along with Aldi and Trader Joe's.

Amazon, meanwhile, has been expanding its reach in goods, services, and entertainment.

The deal is expected to close in the second half of 2017.



Previous
Next
Samsung Offers Preview of Bixby's Voice Capabilities for S8 and S8+ Owners in U.S.        All News        Samsung's The Frame TV Available in the U.S.
Google Takes Steps to Remove Extremist Content on YouTube     General Computing News      Apple Hires TV executives From Sony Pictures

Get RSS feed Easy Print E-Mail this Message

Related News
Amazon.com Faced Problems During Prime Day
Amazon to Compete With Cisco in Networking Equipment: report
Amazon Introduces Show Mode for Fire Tablets, New Show Mode Charging Dock and New Fire HD 10 Kids Edition
Amazon Alexa Will be the Room Service in Marriott Hotels
Amazon Introduces Amazon Fire TV Cube
Amazon to Stream English Premier League Soccer Matches
Amazon Introduces New ODM Solutions to Integrate Alexa into PCs
Amazon Admits Alexa Eavesdropped and Shared Conversation
Amazon Stops Shopping Ads on Google: report
Amazon Introduces Experience Centers to Promote Alexa Smart Home
Amazon Says More Than a Million U.S. Small Businesses Sell on Its Site
Amazon Reports Huge Profits

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .