Why The Amazon and Whole Foods Acquisition Never Made Sense
It came to me while grocery shopping
During the pandemic, the most visited place for most of us has inevitably become grocery stores. The most convenient stores close to me are Walmart and Whole Foods. They actually face right opposite of each other. In the earlier days of the lockdown, I was surprised to see the long queues at grocery stores.
I was not used it. I don’t think anyone was. Some were even taking photos of the queue to share with family and friends, I did too.
So naturally, I opted for the shorter queue at Whole Foods.
I never really shopped at Whole Foods before. Don’t get me wrong, I think it’s absolutely fantastic. Very attractive décor, delightful bakery section, and don’t get me started on the lovely ready meals.
I splurged that day. For a small household of 3 — my husband and I, and our adorable cat — I spent a whopping $300 on groceries that only lasted me a week.
When I walked in, I almost forgot that Amazon had acquired Whole Foods in 2017 for $13.7 billion dollars.
When the acquisition took place in 2017, Amazon vowed to make Whole Foods “affordable for everyone”. However, it seems to be a very slow-paced change, considering that Whole Foods…
