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  • 1 year ago
Amazon Buys Whole Foods

Amazon Buys Whole Foods

Everyone’s favorite online retailer Amazon purchased Whole Foods Market for 13.7 billion dollars. Chip already missed one sound drop within the first 2 mins of the show. Cern has intel that Albertsons was also rumored to be in the hunt for Whole Foods. Amazon’s stock has hit a 52 week high trading at nearly $1k a share. Chip and Cern are going to go in one share of Amazon stock.    Whole Foods has 430 something stores which Chip and Cern believe will be a big play for the Amazon Fresh arm of Amazon. Amazon Fresh is groceries where you can get anything to eat. Fruits, veggies, meat, cheese, along with all non perishables.    The Amazon Go store in Seattle, WA has perked Chip and Cern’s interest and want to visit. Basically the Amazon Go store is a checkout free store. Literally walk in, grab a sandwich, some groceries and a drink and just walk out. You scan a barcode to start your shopping experience and grab anything you like and walk out. It will then charge your account. No checkout,