Jun 16, 2017

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

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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."

Segments From this episode

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Weekly Wrap: Amazon buys Whole Foods. Now what?

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Amazon.com founder and CEO Jeff Bezos. Amazon announced that it will buy Whole Foods for over $13 billion.
David Ryder/Getty Images

Amazon shocks with news of Whole Foods bid

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Amazon has agreed to buy Whole Foods in a roughly $13.5 billion deal. It would be Amazon’s biggest acquisition to date, and it’s generating headlines such as “earth shaking.” Whole Foods has been underperforming a little lately. Its growth has slowed and activist investors have been after the chain to sell itself. But what’s a […]

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Derek Montgomery for MPR News

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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.”

Music from the episode