Amazon Sees Early Promise in Amazon Acquisition — Bloomberg

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Whole Foods is experiencing a sales upswing since Amazon took over:

“The findings show the buzz around Amazon’s purchase of the upscale food retailer stretched beyond its stores to its website. Customer traffic in Whole Foods brick-and-mortar locations gained 25 percent during the first two days after Amazon’s takeover, according to Foursquare Labs Inc., which compared shoppers’ mobile location information before and after the acquisition.”

Supplier Takeaway

Do you think this current surge in sales is going to last? How do you think Walmart is going to respond?

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