OnDemand WTP Pricing Research

Tag: Whole Foods

Raley’s brings online pricing strategy to stores | Chain Store Age

Raley’s brings online pricing strategy to stores | Chain Store Age

Regional grocery chain optimizes store prices in real time. Privately-owned Raley’s, which operates 129 stores in California and Nevada, is applying artificial intelligence (AI) technology to bring intelligent, dynamic pricing to its stores. Raley’s recently completed a pilot of the AI-based Eversight pricing suite, focused on optimizing multiple product categories across various strategic goals. As […]

Whole Foods grocery prices haven’t notably decreased since Amazon acquisition, study finds | Consumer Affairs

Whole Foods grocery prices haven’t notably decreased since Amazon acquisition, study finds | Consumer Affairs

In the two years since Amazon acquired Whole Foods, the average cost of groceries for Prime members who shop at chain has dropped a mere ten dollars, according to a study released Wednesday by Gordon Haskett Research Advisors. After purchasing Whole Foods in 2017 for $13.7 billion, Amazon set out to help the notoriously pricey […]

Whole Foods Under Amazon Is Still The Priciest. Do We Care? | RetailWire

Whole Foods Under Amazon Is Still The Priciest. Do We Care? | RetailWire

Despite Amazon.com’s publicity push to promote price cuts at Whole Foods, the chain remains the highest price grocer in the land, according to a new study by Bank of America Merrill Lynch (BOA). The study, which included the round of price cuts announced on April 3rd that the grocer claimed included deeper discounts and double […]

Whole Foods has highest prices despite cuts in April: Bank of America | CNBC

Whole Foods has highest prices despite cuts in April: Bank of America | CNBC

Whole Foods still has the highest overall prices among U.S. food retailers, despite the widely publicized discounts the Amazon-owned grocer made in April. Walmart continues to have lowest overall prices, momentum that will likely be unscathed by Whole Foods’ price cuts, Bank of America Merrill Lynch analysts wrote in a Tuesday report. Kroger narrowed its […]

Whole Foods to hike prices | Austin Business Journal

Whole Foods to hike prices | Austin Business Journal

After some widely publicized price cuts in 2017, Whole Foods Market Inc. is upping prices on a wide range of products, according to multiple media reports. The price hikes range from 10 cents to a few dollars. The Wall Street Journal reports the increases are because of demands from consumer-product makers to help cover their […]

How Whole Foods competitor Thrive Market plans to beat Amazon | Digiday

How Whole Foods competitor Thrive Market plans to beat Amazon | Digiday

“Amazon buying Whole Foods has created a big opportunity for us,” said Nick Green, the co-founder and CEO of Thrive Market. “Whole Foods has been the standard bearer for natural foods and organic products, but the challenge it has had is that many people don’t live near one, and many people can’t afford it. When […]

Price of a Whole Foods basket of groceries has barely budged since Amazon took over | MarketWatch

Price of a Whole Foods basket of groceries has barely budged since Amazon took over | MarketWatch

Whole Foods had a high-priced reputation before retailing giant Amazon stepped in. Why hasn’t that changed? Even with the discounts offered to Amazon.com Inc.’s Prime members, the cost of a $400-plus broad basket of items purchased at Amazon-owned Whole Foods Market only yields $1.50 in savings over prices one year ago, Gordon Haskett Research Advisors […]

Amazon launches discount program for Prime members at Whole Foods | 512tech

Amazon launches discount program for Prime members at Whole Foods | 512tech

“We’re thrilled for Whole Foods Market to be part of the Prime experience,” Whole Foods co-founder and CEO John Mackey said in a written statement. “Launching savings for Prime members is an amazing opportunity to bring our industry-leading quality standards and delicious food to more customers at a better price.” To use the program, customers […]

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

The Thesis The analysts estimate only 62 percent of Whole Foods shoppers are Prime members, and CNBC reported a 75-percent overlap. As Amazon’s subscription growth begins to slow, capturing the rest of the Whole Foods crowd could prove meaningful. Incremental price cuts may ultimately make Whole Foods cheaper than traditional grocers, and considering U.S. households […]

Whole Foods prices still higher than competitors, study finds | pilotonline.com

Whole Foods prices still higher than competitors, study finds | pilotonline.com

When Amazon first lowered prices at Whole Foods Market after buying the grocer in August, customers wondered if the changes could eventually make Whole Foods as affordable as other stores. Eight months later, Whole Foods remains more expensive than some competing grocery chains, according to a report by investment firm Morgan Stanley. A basket that […]