Amazon Buys Whole Foods for $13.7 Billion to Move Into Grocery Delivery

Drones could one day carry your kale

The new one-two punch may knock grocery stores out. Sources: Getty Images, Amazon

Jeff Bezos’ world just got even bigger. Ecommerce giant Amazon has acquired organic grocery chain Whole Foods for $42 per share in a deal valued at $13.7 billion.

The Business of Marketing

Don't miss The Business of Marketing, a new series featuring leading c-suite executives sharing insights on the importance of leveraging the intersectionality of marketing, finance, technology, HR and the boardroom to drive business growth. Tune in.

@laurenjohnson lauren.johnson@adweek.com Lauren Johnson is a senior technology editor for Adweek, where she specializes in covering mobile, social platforms and emerging tech.
{"channel":"elasticpress","title":"Recommended","post_types":["post","page"],"lineup_id":"54851","since_qty":30,"since_time":"d","until_qty":0,"until_time":"m","q":"","num_posts":0,"vertical":"performance-marketing"}