![]() ![]() The previous year, they were declining 2.5 percent. In 2017, before it was bought out by Amazon, same-store sales were declining 1.5 percent, according to regulatory filings. Whole Foods was struggling at the time, and its challenges were evident in its finances. The buyout actually came as a blessing in disguise for Whole Foods. However, in mid-2017, Amazon, in an attempt to expand their market share and delve into the grocery sector, purchased Whole Foods for $13.7 billion. Prior to two years ago, the two companies were independently owned and operated. But, before we get into how the app works, let's learn a little bit about the history between Amazon and Whole Foods.
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