Tag: Amazon

Amazon wastes no time in trying to destroy the supermarket retailers — FreightWaves

Amazon wastes no time in trying to destroy the supermarket retailers — FreightWaves

Amazon is repeating a strategy that has worked for them in the past to pummel their competition and the customer always wins. According to a report in the Wall Street Journal, former Amazon executive in charge of performance evaluation and policy enforcement, Chris McCabe stated, “Amazon’s using the same playbook they always have when competing […]

Organic grocer adopts aggressive pricing strategy | The Western Producer

Organic grocer adopts aggressive pricing strategy | The Western Producer

Cutting prices is core to Whole Foods new strategy. “By working together with Amazon… we can lower prices and double down on that mission and reach more people with Whole Foods Market’s high-quality, natural and organic food,’ said John Mackey, Whole Foods Market chief executive officer, in a statement. Western Canada is a major producer […]

Amazon and Whole Foods – what happens once the honeymoon is over? | diginomica

Amazon and Whole Foods – what happens once the honeymoon is over? | diginomica

For Amazon  to successfully pull off its Whole Foods acquisition, it could end up using the power of digital technology to personalize the in-store customer experience like no other retailer can today. Indeed, since closing the $13.7 billion purchase earlier this week, Amazon has already introduced a number of important changes to the ailing upmarket […]

Amazon Cuts Whole Foods Prices as Much as 43% on First Day | Bloomberg

Amazon Cuts Whole Foods Prices as Much as 43% on First Day | Bloomberg

“Price was the largest barrier to Whole Foods’ customers,” said Mark Baum, a senior vice president at the Food Marketing Institute, an industry group. “Amazon has demonstrated that it is willing to invest to dominate the categories that it decides to compete in. Food retailers of all sizes need to look really hard at their […]

Avocados among first Whole Foods products to get cheaper | Daily Mail Online

Avocados among first Whole Foods products to get cheaper | Daily Mail Online

Avocados, bananas, eggs and organic butter are among food products that will be made cheaper at Whole Foods on Monday in the first wave of price cuts by new owner Amazon. While it’s not yet been made clear exactly how much prices will drop, health fanatics will see a reduction in their favorite grocery staples […]

Amazon’s grocery price cuts pressure rivals | The Ledger

Amazon’s grocery price cuts pressure rivals | The Ledger

A price war has raged in U.S. supermarket aisles for well over a year, bloodying retailers big and small. On Monday, Amazon.com plans to toss a smart bomb into the fray. The online giant’s move to slash prices on everything from organic baby kale to fair-trade bananas on the same day its $13.7 billion acquisition […]

Data Sheet—Amazon’s Whole Foods Pricing Strategy Explained | Fortune.com

Data Sheet—Amazon’s Whole Foods Pricing Strategy Explained | Fortune.com

Ready, set, go public. Spotify signed a new deal with the third major record label, Warner Music, completing the triple play it needs before going public. Alongside earlier agreements with Universal Music Group and Sony Music Entertainment, the deal should help the streaming giant attain profitability sooner. How much is that phone in the window? […]

Whole Foods Prices Will Drop Significantly After Amazon Deal | Eater

Whole Foods Prices Will Drop Significantly After Amazon Deal | Eater

Whole Foods is about to lose its “Whole Paycheck” image thanks to one of this year’s biggest business deals: On June 16, Amazon announced it was buying Whole Foods for $13.7 billion. This week, Whole Foods shareholders voted to approve Amazon’s purchase price, the Federal Trade Commission confirmed it won’t block the deal, and the […]

Amazon Singapore banks on value, not price, for success | TODAYonline

Amazon Singapore banks on value, not price, for success | TODAYonline

TRANSPARENCY IN PRICE AND QUALITY Looking ahead, the entrance of Amazon into the local market will trigger competitive reactions. Two directions are possible: Either through aggressive price promotions or through added value. There are other reasons why Amazon may refrain from competing on price alone. The Internet allows for transparency regarding price and value. Value […]

Amazon India to foray into food retailing during Diwali, to launch private grocery label | The News Minute

Amazon India to foray into food retailing during Diwali, to launch private grocery label | The News Minute

After Amazon forayed into grocery, last year it launched its first private grocery label in the US which are exclusively available to Prime members. This label sells products like coffee and baby food. It is also working on opening offline Amazon Go stores that will let its customers checkout without queues with the use of […]