Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much Amazon.com‘s $13.7 billion purchase of Whole Foods will shake up the supermarket business.
Shares in Kroger, the largest U.S. supermarket operator, have tumbled 40% from this year’s highs on worries that the newly merged company will be quick to siphon business from traditional food sellers.
