PropertyEU

Amazon-Whole Foods deal shifts the dial for grocery retailing

By Judi Seebus 2017-07-05T00:00:00

whole foods marketrs

It’s good news for bricks-and-mortar retail, but rivals will need to step up e-commerce adoption. The news earlier this month that US e-commerce giant Amazon is acquiring Whole Foods for $13.4 bn (€11.9 bn) sparked a chorus of enthusiastic reactions from real estate advisory firms.

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