Walmart won't battle Amazon for Whole Foods for a very simple reason (WMT)
J.D. Pooley / Stringer/ Getty
Walmart isn't planning to challenge Amazon's $13.7 billion bid for Whole Foods, Reuters reported Friday, citing a source familiar with the matter.
The news comes amid growing speculation that another company will try to outbid Amazon for the grocery chain, with Walmart repeatedly cited as a top contender.
But that speculation has been wildly off base, according to some analysts.
Here's why: Walmart doesn't need to buy Whole Foods to dominate the grocery market. Читать дальше...