Amazon To Buy Whole Foods – What The Analysts Said
Last week saw two days that could alter the shape of the US retail sector for many years to come.
Hot on the heels of Lidl opening its first stores in the US on Thursday, the following day, online retail giant Amazon stunned investors and analysts with its planned $13.7 billion purchase of Whole Foods – a deal that firmly plants Jeff Bezos’s firm into the bricks-and-mortar space.
Here’s how leading retail analysts saw Amazon’s move.
Neil Saunders, GlobalData Retail
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