With Amazon buying Whole Foods for $14BB, Amazon is likely going to completely transform the retail industry. Walmart low cost model with raisor thin margins just got shaken up- I would be concerned for Walmart long term prospects
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Walmart has excellent supply chain, but no way they can compete with scale and automation of Amazon
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http://www.businessinsider.com/why-amazon-bought-whole-foods-for-137-billion-2017-6
Amazon Go, amazon Basics will have a nice playground. Just like Apple, Microsoft and other tech companies established successful physical stores to showcase their products - Amazon is taking a similar approach
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