Amazon will get more than 460 Whole Foods stores and potentially very lucrative data about how shoppers behave offline
In this Friday, June 16, 2017, file photo, groceries from Whole Foods Market sit in a cart before being loaded into a car, outside a store in Jackson, Mississippi. On Wednesday, Aug. 23, 2017, Whole Foods shareholders will be voting on whether to approve Amazon’s $13.7 billion takeover bid of the organic grocer. (AP Photo/Rogelio V. Solis, File), photo: AP/Rogelio V. Solis, File
23 of August 2017 15:25:26
NEW YORK – Whole Foods shareholders voted Wednesday to bless a $13.7 billion union with Amazon that the organic grocery chain's CEO had called "love at first sight."That approval is one step required to close the deal, which is a bold move into physical stores for Amazon and has the possibility of bringing big changes to the supermarket industry and how people order groceries online.By buying Whole Foods, Amazon will get more than 460 stores and potentially very lucrative data about how shoppers behave offline.The deal also needs the go-ahead from government regulators. A union that represents food-industry workers has asked the Federal Trade Commission to scrutinize the deal closely, saying that it could hurt competition and lead to job cuts. Regulators tend to block deals when two direct competitors are combining, and Amazon — despite its dominance in the online marketplace — doesn't currently have a big groceries business.