Thursday, November 8, 2018

How Whole Foods has affected the grocery business one year after the Amazon deal

Boston Herald
It’s been more than a year since e-commerce giant Amazon.com bought Whole Foods Market Inc. for $13.7 billion, a deal many expected would upend the grocery industry, especially in the hotly competitive Southern California region.

Given Amazon’s record of aggressively using lower prices, technology and vast, efficient distribution to revolutionize retail sectors such as books and electronics, there was speculation Amazon would have the same impact on grocery sales. For instance, Amazon rolled out free two-hour delivery of Whole Foods products to Amazon Prime members in April and four months later added curbside grocery pickup at Whole Foods stores. . . . more