June 20, 2017

Amazon to Acquire Whole Foods Market for $13.7 Billion in Cash

Last Friday Amazon (NASDAQ: AMZN) got one step closer to its retail dominance over competitor Walmart when it announced that it would acquire Whole Foods Market, Inc. (NASDAQ: WFM) for $42 per share, or approximately $13.7 billion, in an all-cash transaction. Headquartered in Austin, Texas, Whole Foods Market will continue to operate under the Whole Foods brand, and John Mackey will stay on as CEO. This deal has the potential to dramatically increase Amazon’s footprint in the retail grocery industry.

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How to Protect Your Subscription Business From the Next Recession and Reduce Subscriber Churn Now

When the next recession hits, we can expect to see hundreds of thousands of layoffs again. Plus, during any recession, customers cut expenses even when they havent yet experienced a job loss. Many of todays fastest growing subscription boxes wont survive the next recession. Robert Skrob, Insider Guide to Membership Retention, explains what membership-focused companies need to do now to prepare.

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