VentureBeat
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28th August 2017
Amazon closes Whole Foods acquisition. Here’s what’s next
Amazon closed its $13.7 billion purchase of Whole Foods Market today, kicking off a new chapter not only for these two players but for the entire retail industry.
The companies, which outlined their plans in a joint statement last week, are wasting no time making changes that will affect their customers. Starting today, Whole Foods will offer lower prices on a range of produce, meat, and other staples, and Amazon will start upgrading the stores’ point-of-sales systems to offer its Prime members