You are here:  Home  >  Real Estate  >  Current Article

Amazon’s Whole Foods purchase may mean more brick-and-mortar retail options

Posted by   /  August 1, 2017  /  No Comments

    Print       Email


Amazon’s recent acquisition of Whole Foods has prompted a new outlook on the classic brick and mortar structure. Online stores are now more actively seeking to gain presence in brick and mortar stores just as brick and mortar stores are seeking to have a bigger presence online

Amazon’s $13.7 billion purchase of Whole Foods shows an e-commerce giant that is willing to dive into the brick and mortar world of retail, an area the e-commerce giant famously disrupted.

“We finally have a giant internet group deciding that they need retail locations. And hopefully everyone starts to realize that it really isn’t online that’s in, you need to be brick and mortar and online,” says John Jackson, associate vice president of Colliers International in Phoenix.


    Print       Email

Leave a Reply

Your email address will not be published. Required fields are marked *

You might also like...

News from Neighboring States for May 19, 2018: Too many bad-actor contractors and subcontractors now do not employ many of their workers directly but use “labor brokers.”

Read More →