NEW YORK — Amazon has turned malls upside down, but had left grocery stores unscathed. That changed on Friday. Amazon’s $13.7 billion purchase of Whole Foods means the supermarket, and retailing overall, will never be the same. Grocers will now have to contend with the incredibly rich and powerful competitor whose impact on retail has been so dramatic. Department stores have shed 46% of their workers since 2001, a greater percentage of their jobs than coal mines or factories have […]
↧
