Wednesday, August 28, 2019

Amazon appears to be cutting prices at Whole Foods again

Amazon appears to be cutting back prices at Whole Foods again, after rolling out a broader price hike earlier this year.

As of August, Whole Foods prices are down roughly 2.5% on average compared with last year, according to a note published by Morgan Stanley on Tuesday. The drop in price follows a 3% price increase in the first three months of this year, the note said.. . . more