Early Evidence That the Amazon-Whole Foods Merger Is a Picture Perfect Marriage
Amazon.com's (NASDAQ: AMZN) purchase of Whole Foods Market looks like a match made in heaven. The first indication the two could be on an extended honeymoon comes from the immediate boost in sales the e-commerce king enjoyed right after putting the organic grocer's private-label foods on its website.
Maybe it was just the hype surrounding the merger and the chance to get Whole Foods products delivered to your door, but the impressive sales generated the first week they were available online underscores the strength of this tie-up. Take one brand's reputation for high-quality goods and the other's unparalleled ability to deliver on both price and convenience: This could be a wedding for the ages.
Image source: Whole Foods Market.
Source: Fool.com
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