Amazon to buy Whole Foods in $13.7B deal

Amazon agreed to buy Whole Foods for $13.7 billion in a blockbuster deal that could have a big impact on New York’s retail real estate market. Whole Foods, a grocery store chain, has 11 prime locations in New York City, and is widely known as one of the city’s most sought-after retail tenants. The retailer has been struggling with declining sales in recent years and saw its stock price lose half its value since 2013, […]

Source: realdeal

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