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This could be Amazon’s next big acquisition (AMZN, DG)
|06/16/2017||Posted by BusinessMediaguide.Com under General World News||
Amazon is planning to acquire Whole Foods for $13.7 billion, but if it really wants to shake up the grocery sector, it should consider buying discount stores, according to one analyst.
“If the goal is to fully compete against Wal-Mart (and the low-end), then could Dollar General be next on Amazon’s buying list to go after an arguably larger part of the U.S. population?” Gordon Haskett retail analyst Chuck Grom wrote in a research note Friday.
The Whole Foods acquisition gives Amazon the ability to attract customers that it already has, Grom wrote.