Amazon Dominating the Grocery Market? Not Happening.
By Thomas Lee The company’s acquisition of Whole Foods Market was supposed to jump start a grocery revolution. Instead, Amazon has lulled itself to sleep. When Amazon Inc. (AMZN) – Get Free Report announced six years ago that it would buy Whole Foods Market for $13.7 billion, the retail World shook. At last, Amazon would finally gain the means to leap frog from our computers and smart devices into corporeal form. The company would create a new format that married the immediacy of a physical store with the very things that made Amazon such an online colossus in the first place: technological wi…