16-06-2017 17:58 via feedproxy.google.com

Amazon could fix Whole Foods' biggest problem (WFM, AMZN)

Whole Foods has been trying to shake off its expensive reputation for years. Now it has a real chance to do so.
On Friday, Amazon announced it will acquire the high-end grocery store chain for $13.7 billion.
The move could make Whole Foods a lot more competitive when it comes to prices.
Amazon has the "financial capacity to price aggressively," Moody’s vice president Mickey Chadha wrote in an email. 
According to a UBS research note, the store will not b
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