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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Amazon, who bought Whole Foods in 2017 for about $ 13.7 billion, plans to open a separate grocery chain, starting in Los Angeles, according to the Wall Street Journal. "Data-reactid =" 16 "> Amazon, which bought Whole Foods in 2017 for about $ 13.7 billion, plans to open a separate grocery chain, starting in Los Angeles, according to the Wall Street Journal.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Familiar sources of the project says the newspaper the first new store could open in late 2019 and discussions are underway to add sites in Washington, DC, Philadelphia, Chicago, San Francisco and Seattle, where the company is based. "data-reactid =" 17 "> Familiar sources With the project announced in the Journal, the first new store could open in late 2019 and discussions are underway to add sites in Washington, DC, Philadelphia, Chicago, San Francisco and Seattle where the company is based.
Amazon, which reported a quarterly profit of more than $ 3 billion at the end of January, while its revenues rose 20 percent to nearly $ 72.4 billion, also plans to acquire regional grocery chains.
PHOTO: An assortment of whole grain foods is featured in this undated photo. (PHOTO STOCK / Getty Images)
<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "New food stores should offer a variety products sold at prices lower than many products sold by Whole Foods, which, according to the website of the company, has 497 branches – 476 in the United States, 14 in Canada and 7 in the United Kingdom – and employs 89,000 people. "data-reactid =" 30 "> New grocery stores are expected to offer a variety of products at lower prices Whole Foods, which, according to the company's website, has 497 locations – 476 in the United States, 14 in Canada, seven in the UK – and employs 89,000 people.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "(PLUS: Long Island City real estate agents still hope after Amazon has reached an agreement with the New York campus)"data-reactid =" 31 "> (PLUS: Long Island City real estate agents still hope after Amazon has a deal with the New York campus)
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Amazon recently abandoned plans open a massive office in New York that, according to the company, tens of thousands of jobs would have been created. "Data-reactid =" 32 "> Amazon has recently abandoned its plans to open a huge office in New York that would have created tens of thousands of people.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Politicians and business leaders wrote this week an open letter to CEO Jeff Bezos the supplicant to reconsider. "data-reactid =" 33 "> This week, politicians and business leaders sent an open letter to CEO Jeff Bezos urging him to reconsider his decision.
At the close of trading on Friday, Amazon's market capitalization rose to more than $ 821.1 billion.
PHOTO: Posting on the Whole Foods Market store in San Ramon, California, on the theme "We are growing something good," announcing the acquisition of Whole Foods Market by the online retailer Amazon, August 28, 2017. ( Smith Collection / Gado / Getty Images)
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