
Sign up to save your podcasts
Or


It was the purchase heard round the world, or at least round the grocery aisles. Amazon is buying Whole Foods for $13.4 billion. The deal caused a quick sell-off of grocery store and shopping center stocks on wall street. According to Amazon, Whole Foods will continue to operate stores under the Whole Foods Market brand and CEO John Mackay will remain at the helm. With the purchase of Whole Foods, Amazon also acquires a contract with Instacart, the food delivery service that has made a name for itself in trying to fight against the digital sprawl of Amazon. Instacart has 4 years left on the contract it signed with Whole Foods.
Full episode at twit.tv/tnt/1791
Bandwidth for TWiT Bits is provided by CacheFly.
By TWiT4.7
2323 ratings
It was the purchase heard round the world, or at least round the grocery aisles. Amazon is buying Whole Foods for $13.4 billion. The deal caused a quick sell-off of grocery store and shopping center stocks on wall street. According to Amazon, Whole Foods will continue to operate stores under the Whole Foods Market brand and CEO John Mackay will remain at the helm. With the purchase of Whole Foods, Amazon also acquires a contract with Instacart, the food delivery service that has made a name for itself in trying to fight against the digital sprawl of Amazon. Instacart has 4 years left on the contract it signed with Whole Foods.
Full episode at twit.tv/tnt/1791
Bandwidth for TWiT Bits is provided by CacheFly.

9 Listeners

34 Listeners

109 Listeners

6 Listeners

139 Listeners

29 Listeners

96 Listeners

35 Listeners

72 Listeners

116 Listeners

94 Listeners

24 Listeners

50 Listeners

15 Listeners

10 Listeners

9 Listeners

0 Listeners

28 Listeners

31 Listeners

0 Listeners