Amazon’s Smart Grocery Carts Are Coming to Some Whole Foods Stores

ole Foods Market once had an ambitious plan to broaden customer appeal with its 365 stores. But now it’s saying goodbye to the cheaper and smaller store format. …

Two years have passed since Amazon announced it was acquiring Whole Foods for $13.7 billion. The news that Amazon was planning on competing in grocery in earnest worried some given its history of disruption in retail, but thus far it’s been unable to dominate the industry. …

He said his company, which has a $22.39 billion market cap, had worked for years under the assumption that the online retail giant would either establish its own grocery business or acquire a retail chain. The latter happened in 2017 when Amazon gobbled up Whole Foods. …