In an article for Retail Merchandiser, Moshe Kranc, CTO at Ness Digital Engineering, discusses what Amazon’s acquisition of Whole Foods means for both the future of retail and digital transformation of the grocery sector. “It’s easy to understand Amazon’s interest in the grocery shopping segment as the next area for growth after having conquered online retail for durable goods. The total available market is just too large to ignore – Americans spend about 10 percent of their income on groceries, to the tune of over $600 billion dollars a year. But, grocery shopping has unique challenges that make it different than other kinds of retail,” notes Moshe.
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