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Amazon takes on grocery market

Amazon takes on grocery market

Any thoughts that Amazon 's (US:AMZN) reach across new sectors would one day slow were unceremoniously kicked into touch by the news of its acquisition of US grocery chain Whole Foods for around $13.7bn (£11bn). So, having decimated the booksellers, music CDs and DVD outlets, it looks as though Amazon's founder and chief executive Jeff Bezos has pressed the start button for entering the supermarket sector.

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