(RNN) – Amazon announced Friday it is purchasing grocery store chain Whole Foods, in a deal valued at around $13.7 billion. Amazon,com Inc will pay $42 a share for Whole Foods Market Inc., an 18 percent premium to the closing price Thursday, the Associated Press reported. The companies said grocery stores would still operate under […]
Hair is big business in Africa, and global brands are definitely starting to take notice. Despite limited financial resources, Reuters reports that Africans are spending an estimated $7 billion on their hair. According to Euromonitor International, people in South Africa, Nigeria and Cameroon alone spend about $1.1 billion on hair care products. That includes shampoo, lotions […]
