Amazon.com's plans to purchase Whole Foods Market might be foiled by another interested buyer. The Los Angeles Times reports Wall Street signaled Monday that it expects a rival offer for Whole Foods to surface, and many industry and merger experts agreed. “We wouldn't be surprised if there's a bidding war” for Whole Foods, the 465-store chain that focuses on natural and organic groceries, analyst Karen Short of Barclays Capital Inc. said in a note to clients Friday.
Total Retail's Take: It makes sense that another company would try and make a higher offer for Whole Foods. The announced acquisition last week caused quite a stir in the retail world. Rumored potential bidders could include Kroger Co., parent company of the Ralphs and Food4Less supermarket chains; Albertsons, which also owns Vons and Pavilions; and retail giant Wal-Mart Stores Inc., among others. If the deal with Amazon does ultimately end up going through, the grocery industry stands to look a lot different going forward.