Whole Foods Stealing Trader Joe’s Shoppers

Amazon’s Whole Foods is starting to steal Trader Joe’s shoppers, but the wholesale disruption of the grocery industry has yet to happen as traditional grocers like Walmart more than manage to hold their own.

As Bloomberg.com's Spencer Soper writes, when Amazon.com Inc. bought Whole Foods last year, investors panicked and dumped shares in Kroger, Sprouts Farmers Market and even Walmart. The fear was that the e-commerce leviathan would disrupt yet another industry. Read the story at Bloomberg.com