Amazon Just Unveiled Its Grand Plan for Whole Foods: To Make The ‘Last Mile’ The First Mile

By Parmy Olson

Supermarket firms should look past Amazon’s threat and consider copying its move to turn stores into mini-warehouses.

Ever since Amazon spent $13.7 billion on Whole Foods last June, theories have been swirling as to why the world’s biggest e-commerce firm would get into the old-time business of selling groceries in stores. Now it’s becoming clearer that what Amazon really wanted was a slice of real estate closer to consumers, to get goods faster to