A 21st century makeover could be in store for the grocery business now that Amazon has become a major player. Last week, Amazon took a bite out of the industry with an offer to buy the upscale chain Whole Foods for 13.7 billion dollars. Whole Foods has more than 400 stores across the country, 30 of which are right here in Massachusetts. The move could mean substantial changes for how people shop, and not everyone is cheering. It also marks Amazon's latest attempt to dabble in the world of brick and mortar retail. But will it work?
Michael Davies, chairman of Endeavour Partners and a senior lecturer at MIT's new design program; Nancy Koehn, a business historian at Harvard Business School; and Dan Primack, business editor for Axios, joined Adam Reilly.