Does Amazon Own Earth Fare?

Earth Fare is a chain of Supermarkets in many parts of the United States that specializes in natural and organic foods. It has been in business since 1975, and for the last several years, it has been owned by private investors. This all changed recently when Amazon made a bid to purchase Earth Fare.

The news of Amazon’s bid came as a surprise to many, as it wasn’t something that had been previously discussed or even speculated about. It was reported that Amazon had offered up to $1.2 billion for Earth Fare, which would give them control of over 50 stores across 10 states. The deal also includes a distribution center located in North Carolina.

This move by Amazon has raised some eyebrows, as they have not traditionally been involved in the grocery store business. It is possible that they are looking to expand into this area and use their existing infrastructure to do so. In addition, they may be trying to expand their presence in the US market, as they already have a strong presence online.

The potential takeover of Earth Fare could have far-reaching implications for the grocery industry. For one thing, it could lead to increased competition between traditional Supermarkets and online retailers such as Amazon. The company could also leverage their existing technology and logistics capabilities to make shopping at Earth Fare even more convenient for customers.

So does Amazon own Earth Fare?

At this point in time, no formal announcement has been made about whether or not Amazon will purchase Earth Fare. However, given their interest in the company, it is likely that a deal will be reached eventually if both parties can agree on terms.

Conclusion

At present, Amazon does not own Earth Fare but is currently considering making an offer for the company. If a deal is eventually reached between the two companies then it could have far-reaching implications for both the grocery industry and online retailing as a whole.