Matthew Boyle and Matt Townsend published their Bloomberg article on the Chicago Tribune Aug. 25. The article discusses Amazon’s plan to slash grocery prices on things like “baby kale and bananas” Monday Aug. 28, the day the Seattle online-retail giant expects to close their Whole Foods Market merger. This “price-cut” brigade sent share prices from competing grocery store tumbling Thursday Aug. 24.
How will you react to this news? Will we see some “Amazon-geddon” where everything we buy will go through Jeff Bezos’s omni-channel retailer?
Chicago Tribune: “How will Amazon’s Whole Foods deal affect prices at your grocery store?” Read it here: http://www.chicagotribune.com/business/ct-amazon-whole-foods-rivals-20170825-story.html