So, Amazon is acquiring high-end grocer Whole Foods for .7bn.From the press release:Whole Foods Market will continue to operate stores under the Whole Foods Market brand and source from trusted vendors and partners around the world. John Mackey will remain as CEO of Whole Foods Market and Whole Foods Market’s headquarters will stay in Austin, Texas.The pairing of high-tech retail killer and high-overhead premium grocer seems odd. So far, Amazon has only opened a few physical bookstores, which have not been terribly customer-friendly. The deal does, however, provide more confirmation that grocers are the next industry in the crosshairs of cost-cutting distribution specialists like Amazon and Wal-Mart, which bought Jet.com last year.From RBC:This would be the largest acquisition Amazon
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So, Amazon is