Tag: Whole Foods

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

The Seattle-based company launched its Amazon Books experiment about two years ago and has since used the locations to experiment with in-store pricing and selection. At its dozen stores in cities such as New York, Chicago and San Jose, Calif., prices aren’t marked. Instead, employees instruct shoppers to use their phones to scan a product […]

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Perception of being cheap but not actually the cheapest A common narrative would be that Whole Foods is a lot cheaper now that Amazon has taken over after its $13.7 billion takeover. If you take a closer look at Amazon’s pricing strategy with the precision of a pricing strategist, you will realize that perception can […]

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

The Amazon effect on Whole Foods Another effect on this is that customers from its competitors have shifted over to Whole Foods. Around 24 percent of new customers come from Walmart, while from Kroger it got 16 percent. This means that customers are preferring the lower prices that Whole Foods is offering as opposed to […]

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Before Whole Foods arrived in Amherst last month, most Western New Yorkers knew one big thing about the supermarket: Its nickname is “Whole Paycheck.” So we wanted to find out, are Whole Foods’ prices really that high? And how do they compare to our two biggest local grocery chains, Tops and Wegmans? Comparing prices is […]

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

With lower prices for higher quality goods, Amazon is posing a direct threat to America’s major supermarkets. The six largest food retailers, which had already taken a hit after the Whole Foods acquisition was announced in June, lost roughly $12 billion in value after Thursday’s announcement about the company’s intention to lower prices. That market […]

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

  Target (NYSE:TGT) has few options other than to engage in a broad price-cutting strategy. Long under pressure from Wal-Mart and Amazon.com to remain competitive, the mass-merchandising retailer has often responded with select promotional deals to keep customers coming back. And though chains such as Kroger, Supervalu, and even Costco felt the heat from deep-discounting […]

Grocery and the Need for Speed | Progressive Grocer

Grocery and the Need for Speed | Progressive Grocer

The future of grocery belongs to the fast. That’s arguably the biggest takeaway from Xcelerate Retail 2017, a technology conference held by Symphony Retail Solutions, a division of Symphony Technology Group, which took place Sept. 12-14 in Las Vegas. And while other essentials critical for success also were shared – from increased focus on customer-centricity […]

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

“Price-wise, growing is much more efficient in Spain,” Job mentions. “When push comes to shove, price is of overriding importance more often than the country of origin for large retailers, except for local organic shops.” Job emphasises that, as long as the quality of the Spanish product isn’t inferior to the Dutch, Spain will quickly […]

Amazon Whole Foods Price Cuts Increased Foot Traffic | Refinery29

Amazon Whole Foods Price Cuts Increased Foot Traffic | Refinery29

Amazon’s plan to make Whole Foods more affordable is working. According to Business Insider, the supermarket chain that was once maligned for its high prices saw a 25% increase in foot traffic after prices were slashed last month. Some cities, like Chicago, saw an even greater increase of 35%. Food & Wine reports that Foursquare […]

Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

How Amazon is threatening grocers Amazon (AMZN) announced the acquisition of premium organic and natural food retailer Whole Foods Market on June 16, 2017. The deal sent tremors across the food retail sector on fears that Amazon would end up disrupting the grocery business in the same way it has dislocated books and electronics. The […]