The announcement that Amazon is buying Whole Foods is shaking up the food retail industry. And, while it may be a game changer for the way people shop for food in the future, it could also create big opportunities for real estate investors and developers.
I’ve done other podcasts on the crumbling empire of some retail businesses as more and more people shop online. In a recent article, CNBC wrote that store closings have tripled so far this year with 5,300 store closing announcements through June of this year. That’s almost as many store closings as there were for the entire year in 2008, at the beginning of the Great Recession.
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