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Title : Breaking Amazon To Purchase Whole Foods
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Breaking Amazon To Purchase Whole Foods

Amazon has announced that it volition instruct Whole Foods Market for $13.7 billion.

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UPDATE

Grocery stocks are crashing next tidings of Amazon's excogitation to instruct Whole Foods.

Kroger is downward 12.5%

SuperValu is downward 13.6%

Sprouts Farmers Market is downward 7.5%

Other stocks down:

Target is downward 8.4%

Costco is downward 6.1%

Wal-Mart Stores is downward 5.3%

Note: This is non a trouble concern bicycle crash. It is a sector-related crash based on the likelihood that Amazon volition alter the entire construction of the grocery shop business.
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