Three Cheers for Amazon’s Purchase of Whole Foods

Walmart’s income statement for 2016 showed $486 billion in sales through its 11,695 stores, clubs and affiliates. Costco’s 2016 income statement showed $119 billion in sales through 715 warehouses. Kroger’s 2016 sales were $115 billion through almost 4,000 stores. The merged Amazon and Whole Foods grocery sales for 2017 are estimated at $151 billion through […]