Friday, Amazon announced that it would be buying Whole Foods for $13.4 billion as the company and its billionaire head look to expand into the brick-and-mortar realm.

This is yet another monstrous push by Amazon into the grocery industry, an industry that the New York Times notes accounts for just around $700 to $800 billion in yearly sales. Amazon, of course, is one-upping their major competitor in the field, Walmart, thanks to their having been born on the Internet and not having to play catch up like Walmart is.

The New York Times reports (don’t worry, there’s no strange bias here since Bezos is one of their own):