World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Amazon is Buying Whole Foods Market For $13.7 Billion

Print Friendly, PDF & Email

WEB Notes: The global consolidation continues. I continue to hear more and more people using services like Amazon Pantry where food is now shipped to your house. We live in amazing times, the digital age has and continues to connect us in ways we never thought. It will only continue. Think about local business however, they are being devastated by things like this. When we shop online, local retailers lose out. This will dry up local jobs and instead create large hubs where employment will be based out of these factories and shipping facilities ie: cities instead of towns. It will be interesting to see what our world looks like in just five years. 2017 is on pace for a record amount of store closures. Part of it is due to the economy, but I feel a major part of it is the reasons just outlined. Everything about our world is changing. is set to purchase Whole Foods Market for a whopping $13.7 billion.  This major deal is already showing signs of a ripple effect across the entire grocery chain and organic market.

As Whole Foods and Amazon saw stock market growth in light of this news, Wal-Mart and Kroger stock plunged on Friday.

Amazon has agreed to pay $42 per share in cash for the mega-organic chain. Reports indicate that Whole Foods co-founder, John Mackey will continue to ‘run the business’ however it isn’t clear at this point how the organic chain will be affected post-buyout.

Source: Amazon is Buying Whole Foods Market For $14 Billion –

Previous post
Chinese gays hear wedding bells as Taiwan move fuels hope
Next post
US to Pour 4K More Troops Into Afghanistan as ISIS Takes Over Taliban Caves


Every day we send our readers the latest news with Christian commentary right to their inbox. Bi-weekly we include Bible Q&A and Bible studies as they become available. We invite you to join us.

Study With Us!

Visit the Bible Study, Bible Q&A and Video section of our site.

Leave A Comment

You are invited to participate in our Christian Community by leaving a comment. We would love to read your point of view and inspiring messages. Please read our Community Guidelines before commenting and note all comments are moderated (Ephesians 4:29).

Leave a Reply

Members: Login
Guests: Your email address will not be published.


© 2018 World Events and the Bible.

Isaiah 21:6Up ↑