Why Life May Never Be the Same After Amazon's Big Deal for Whole Foods
Nancy Tseng discusses Amazon's acquisition of Whole Foods with TheStreet.
Author:
Date : June 19, 2017
While the ink is still drying on Amazon.com Inc.'s blockbuster $13.7 billion agreement to buy Whole Foods Market Inc., many are already speculating what the combined company might look like should the deal be completed. 
Industry:

The proposed deal would make a combined Amazon and Whole Foods the nation's fifth-largest grocery retailer, behind Wal-Mart Stores Inc., Kroger Co., Costco Wholesale Corp. and Albertsons/Safeway, according to Cowen and Co. LLC analysts. While the tie-up differs from Amazon's typical acquisition strategy of build first, buy second, Cowen analysts said the acquisition makes sense, given that the grocery market is valued at approximately $1.3 trillion in the U.S. 

Above all, it shows that Amazon isn't yet ready to abandon the brick-and-mortar model and believes that physical stores could be the best medium to bring new retail technologies straight to the consumer, said Nancy Tseng, a director in West Monroe Partners LLC's mergers and acquisitions practice. 

"This is a key turning point in how we shop, how we buy, how we're influenced and really a reflection of how strong of a role tech and internet companies play in our daily lives," Tseng said. 

To read the entire article, please visit TheStreet.com's web site. 

West Monroe Partners Plans to Double Workforce to Help Address IT Skills Gap
View More
Related News
Kyle Hutchins discusses how the Amazon deal will impact the Seattle retail market.
Author:
Date : June 20, 2017
Amazon.com Inc.'s $13.7 billion acquisition of Whole Foods Market could spawn massive renovations among the high-end grocer's 465 stores in North America.
Mark Huson weighs in on Amazon's purchase of Whole Foods in the Tacoma News Tribune
Author:
Date : June 16, 2017
The online retailer announced Friday that it was buying Whole Foods for $13.7 billion, the largest acquisition in Amazon’s history.
Kyle Hutchins discusses how the Amazon-Whole Foods deal will impact the Seattle-area economy.
Author:
Date : June 16, 2017
Executives from Seattle grocers PCC Natural Markets and Central Co-op said they are not worried about Amazon.com's acquisition of Whole Foods, while grocery experts were less upbeat.