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Jun 16, 2017

06/16/2017: What can $13.7 billion buy Amazon at Whole Foods?

Retailers got a shock to the system today when Amazon announced plans to buy the high-end grocer Whole Foods for $13.7 billion. So what does the world’s largest digital retailer want with all those stores? We’ll talk about it in the Weekly Wrap. Then: What comes to mind when you hear the word “manufacturing”? Giant factories? Big burly dudes operating heavy machinery? Well, it might be time to rethink that. A new group of entrepreneurs are bringing smaller-scale manufacturing back to America’s cities. Plus: Another installment of our seasonal series “Summer: Brought to You By.”

Whole Foods store. 
Whole Foods store. 
Tim Boyle/Getty Images

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Retailers got a shock to the system today when Amazon announced plans to buy the high-end grocer Whole Foods for $13.7 billion. So what does the world’s largest digital retailer want with all those stores? We’ll talk about it in the Weekly Wrap. Then: What comes to mind when you hear the word “manufacturing”? Giant factories? Big burly dudes operating heavy machinery? Well, it might be time to rethink that. A new group of entrepreneurs are bringing smaller-scale manufacturing back to America’s cities. Plus: Another installment of our seasonal series “Summer: Brought to You By.”