Last week Amazon announced its intention to buy upscale grocery chain Whole Foods stores for 13,7 billion. Amazon is very popular online shopping site. According to some reports, half of US households are Amazon Prime subscribers.
As reported by CNBC, Amazon has a long history of disturbing US retail markets, including bookstores, electronic stores and other retail industries. If Amazon is an online shopping store, what is going to happen to a popular high end Whole Foods Market store which has a physical location, once the sale is done? Will the stores close? Will they get smaller? If Whole Foods stores change, how it will affect the neighborhood, people and business around it? Small mom-and-pop businesses are expecting foot traffic because of neighboring big chain store. If Whole Foods store closes, what will happen to the small private business in the neighborhood?
Here is a list of Whole Foods locations in South East Florida:
21105 Biscayne Blvd, Aventura, FL 33180
6701 Red Road, Coral Gables, FL 33143
810 University Drive, Coral Springs, FL 33071
1903 S. University Drive, Davie, FL 33324
2000 N Federal Hwy., Fort Lauderdale, FL 33305
14956 Pines Blvd., Pembroke Pines, FL 33027
2411 N Federal Highway, Pompano Beach, FL 33062
299 SE 3rd Ave., Miami, FL 33131
12150 Biscayne Blvd., North Miami, FL 33181
11701 South Dixie Highway, Pinecrest, FL 33156
Palm Beach County:
1400 Glades Rd., Boca Raton, FL 33431
11701 Lake Victoria Gardens Ave., Palm Beach Gardens, FL 33410
2635 State Road 7, Wellington, FL 33414-9372
1845 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
What will happen to these stores? Will they close? Will they get smaller?