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Amazon Vs. Walmart

Motley Fool Money

The News Cycle and the Grocery Industry

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In April of that year, I broke a story that Walmart was in advanced talks to buy Benobos. A month or two later on, they announced through an article in the New York Times that they've made this acquisition and it speaks to a new day at Walmart. That same morning, and I forgot the exact timing, Amazon announces the acquisition of Whole Foods for more than $13 billion. And talk to folks at Walmart who were just like, man, I think one of the quotes was like, "It just showed like we were playing checkers, they were playing chess"

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