By Lisa Lacy
Whole Foods Market, the natural and organic foods supermarket that calls itself America’s Healthiest Grocery Store, is trying to shed another nickname, Whole Paycheck, as it “[pursues] the vision of making [its] high-quality, natural and organic food affordable for everyone.”
That’s because the $13.7bn Amazon acquisition closes on Monday (August 28), ushering in a new era in which Whole Foods will offer lower prices on a selection of grocery staples, including produce, meat and fish.
In addition, Amazon said it will start to integrate Amazon Prime into the Whole Foods point-of-sale system and Prime members will Read full story ›
Source: The Drum