The Baltimore SunWill Amazon change the food business — or will the food business change Amazon?

Jun 19, 2017 - Business

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Will Amazon change the food business — or will the food business change Amazon?

Leave it to Amazon’s Jeff Bezos to shake up multiple industries with a single blockbuster press release.Friday’s announcement that Amazon is buying grocery retailer Whole Foods Market for $13.7 billion in cash rattled grocery stocks, with Kroger, the owner of Ralphs and Food4Less, losing more than 9%; warehouse stores, which have expanded into grocery sales, were also down, Costco by more than 7% and Walmart by nearly 5%.The entire e-commerce field...

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