Monday, October 2, 2017

Amazon Sells $1.6 Million in Whole Foods’ Store-Brand Products in First Month

Image result for 365 Inc. has sold about $1.6 million in Whole Foods beans, breakfast cereal and other store-brand products in the first month since taking over the organic chain, one of the first infusions of cash the e-commerce giant has delivered to the natural grocer through its site.

Amazon completed $500,000 in online sales in the first week after it started offering Whole Foods’ “365 Everyday Value” products, according to the One Click Retail, an e-commerce data analytics firm that focuses on the site’s transactions. Weekly sales fell to about $300,000 for the next two weeks after Amazon ran low on some products but rebounded in the fourth week, the analysis found.. . . more

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