Business Chief US+CAN Magazine December 2020 | Page 98

TOP 10

07 Amazon & Whole Foods Market

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With a vision to make Whole Foods Market ’ s high-quality , natural and organic food affordable for everyone , Amazon closed its acquisition of Whole Foods Market on August 28 , 2017 . While the company was acquired by Amazon , Whole Foods Market retained its name for conducting operations , and continues to grow its team and create jobs in local communities . “ We ’ re determined to make healthy and organic food affordable for everyone . Everybody should be able to eat Whole Foods Market quality – we will lower prices without compromising Whole Foods Market ’ s long-held commitment to the highest standards ,” commented Jeff Wilke , CEO of Amazon Worldwide Consumer .

28 / 8 / 17 DATE OF MERGER

$ 13.7bn

VALUE ( US DOLLARS ) DECEMBER 2020