Will Walmart Make An Offer For Whole Foods?

Amazon also intends to reduce the price of Whole Foods stock as part of a wider effort to make its grocery offering more appealing to people on low and middle incomes, the report suggests.

It had previously signalled its intent in grocery with its Amazon Fresh proposition and a United Kingdom tie-in with Morrisons, and offers a one-hour delivery service with a number of U.S. independent wine retailers, and was already trialling a revolutionary new "grab and go" bricks and mortar grocery store for food and alcohol in Seattle, although it has yet to open the to the public.

It was the latest - and largest - revelation in an intense competition across the $600 billion grocery sector, which has discount stores like Aldi and Lidl, established stores like Wal-Mart Stores Inc. and Kroger, and the e-commerce giant grappling for market share. That could force other supermarkets to follow or lose customers, Astrachan said.

Vehicle strikes pedestrians in London, several injured
Transport for London tweeted that Seven Sisters Road was closed northbound at Hornsey Road and southbound at Rock Street. The Metropolitan Police declared the collision as a " major incident " and said that there were "a number of casualties".

Executives at Coles and Woolworths were reeling at the weekend after Amazon bought an American grocery chain, in a move which has Australian retailers wondering whether fresh food will remain their stronghold when the online giant starts trading Down Under.

Whole Foods 365 offers private-label goods and lower prices than typical Whole Foods stores, and is targeted at younger, value-conscious shoppers. Several short-term shareholders, like hedge fund Jana, wanted to cash out and Whole Foods Market's board caved to the pressure from its shareholders. "Broadly defined, Amazon has a large share of the online grocery business, but it is picking off one of its smallest rivals", concluded Gandel. Whole Foods itself had launched an offshoot chain named after its "365" private label brand in a nod to the popularity of no-frills chains. The transaction is still subject to approval and is expected to be completed in the second half of the year. "It remains to be seen what companies might prove interesting for Amazon but we note that WFM has a clear presence in one market and has a high-end positioning".

Amazon could try to cut operational costs at Whole Foods by using the same types of robots that already move inventory around at its e-commerce fulfillment centers. They're called Amazon Go stores. Amazon has the resources and ability to triple the number of Whole Foods while simultaneously adding on Amazon capabilities to the consumer's purchasing habits.

Scalise Family: This Father's Day Has a Special Meaning
Senate Majority Leader Mitch McConnell , R-Ky., on Thursday urged prayers for Scalise and the other victims of the shooting. He had access to the facility through Wednesday and arrived less than two hours before the shooting, the YMCA said.

On Friday, Amazon.com Inc countered.

"For Whole Foods Market, this deal is probably one of the few that allows the business to continue operating along existing lines". By buying Whole Foods, Amazon's revenue will get a bump up. "Either way, it's good for consumers like myself", said Di Wu, a NY resident in her early 30s who is a member of Amazon's Prime fast-shipping club and who shops at Whole Foods at least twice a week. Gone are the fluorescent lighting, linoleum and dowdy shelves; Whole Foods nudged many of its competitors to soften the design of their interiors, hand out samples with a smile and revamp these stores into places to meet and dine, not just shop and checkout. Mr. Bezos could easily extend the benefits of his company's popular Prime membership into goods and services at grocery stores, thus giving them additional reason to buy even more from Amazon.

"It's a big deal because of Amazon and what Amazon can bring to the game", said Joe Agnese, analyst at CFRA Research.

Fabulous Faedo: Florida's ace stymies TCU in 3-0 CWS victory
This shutout was Florida's second in its 36 all-time CWS games and first in Omaha since a 5-0 win over Florida State 26 years ago. Florida's last three games in Omaha were one-run losses, two last season and another in the semifinal round in 2015.

The deal represents a dramatic turn in strategy for Amazon, which has offered food delivery through its Fresh service for a decade but has not made a major dent in the $700 billion grocery market.

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