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Amazon's deal to buy US supermarket chain Whole Foods Market is likely to further rattle the local food and beverage industry ahead of its Australian launch.

Amazon, which in April confirmed its intention to launch in Australia, bought the US grocery retailer for $US13.7 billion ($18 billion).

The chain, which mostly operates in upmarket locations and markets itself as 'America's healthiest grocery store', has been struggling, according to The Australian Financial Review.

The deal is reportedly the biggest ever for the e-commerce giant, and will significantly lift its bricks and mortar presence.

Packaging News

APCO, ACOR and Boomerang Alliance are calling for a nationally consistent EPR for packaging, in the wake of RPA's collapse and confirmation that no new Commonwealth packaging scheme will be introduced.

PKN’s latest print issue is hitting desks and landing in inboxes, bringing readers up to speed with the innovations, partnerships and industry achievements shaping packaging across Australia and New Zealand.

The voluntary administration of Recycling Plastics Australia has placed about 60 Adelaide jobs and a significant part of Australia’s plastics-processing capacity at risk.