6 ways the Amazon-Whole Foods deal could impact the grocery industry
Analysts say retailers can expect more pricing pressure, consolidation and higher consumer expectations for online shopping and delivery.
June 22, 2017 | by Jeff Wells |Â RetailDive
Last week was one most U.S. grocers would like to forget.
First came news that Aldi would invest $3.4 billion to increase its store count by nearly a thousand locations. Three days later, fellow discounter Lidl opened its doors, ushering in a low-price, quality-driven model that took Europe by storm and aims to do the same in America.
Then the bombshell arrived: Amazon had offered to buy Whole Foods for $13.7 billion.