Insights and Stories on Amazon

Dec. 31, 2018 at 2:10 pm CST

Reuters — Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, the Wall Street Journal reported on Sunday, citing sources. Whole Foods employees have visited regions of western North America for potential retail spaces in […]

By Reuters

Aug. 28, 2017 at 7:16 pm CDT

Los Angeles/Chicago | Reuters — On its first day as part of Amazon.com, organic grocery chain Whole Foods Market slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its “Whole Paycheque” reputation for high prices. In another sign of […]

By Julie Ingwersen, Lisa Baertlein

Aug. 24, 2017 at 5:01 pm CDT

Reuters — Amazon.com said Thursday it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling over fears of even more brutal market share battles. Amazon’s $13.7 billion purchase of Whole Foods, which won antitrust approval […]

By David Shepardson, Lisa Baertlein

Aug. 23, 2017 at 5:43 pm CDT

Washington | Reuters — The U.S. Federal Trade Commission said on Wednesday it has cleared Amazon.com’s planned US$13.7 billion acquisition of Whole Foods Market. The FTC said in a statement that it had reviewed whether the deal would substantially lessen competition or constituted an unfair method of competition and opted […]

By David Shepardson

Jun. 20, 2017 at 1:50 am CDT

Reuters — After Amazon.com completes its takeover of high-end grocer Whole Foods Market, it might launch another brand with different standards, the grocery chain’s chief executive said in remarks reported in a securities filing on Monday. Amazon plans to keep the natural grocer’s high standards, Whole Foods CEO John Mackey […]

By Reuters