Amazon to acquire Whole Foods for $13.7B

Whole Foods executives reportedly depart as Amazon says integration is ‘off to a great start’

by Nat Levy on March 22, 2018March 22, 2018 at 1:44 pmComment

Amazon-owned Whole Foods Market is dealing with a rash departures of executive and top managers, according to a report from the Wall Street Journal. Citing recruiters helping the people find… Read More

Whole Foods schedules meeting with vendors to ‘reassure’ relations post-Amazon deal

by Taylor Soper on March 12, 2018March 12, 2018 at 9:51 amComment

Whole Foods has scheduled a meeting with its vendors next week to help relieve tensions as the grocer tries to expand under new Amazon ownership. CNBC reported that the March… Read More

Amazon adds San Francisco and Atlanta to Whole Foods grocery delivery service, now in 6 cities

by Nat Levy on March 5, 2018March 5, 2018 at 10:44 pmComment

Amazon is expanding its new Whole Foods grocery delivery offering, adding San Francisco and Atlanta to the service. Amazon first announced the service last month and kicked it off in… Read More

Amazon’s Treasure Truck rolling up to Whole Foods stores across the U.S. starting today

by Nat Levy on January 30, 2018January 30, 2018 at 8:31 amComment

Amazon’s Treasure Trucks will show up at several Whole Foods locations around the nation starting today, the latest integration between the now-combined companies. Amazon said the first offering from its deals-on-wheels… Read More

Amazon slashes Whole Foods prices on holiday items, with deeper discounts for Prime members

by Nat Levy on November 15, 2017November 15, 2017 at 9:55 am 3 Comments

Amazon and Whole Foods Market are dropping prices on holiday favorites and other popular items and offering even greater discounts for Prime members, the companies said Wednesday. The deals give a… Read More

How Amazon’s $13.7B purchase of Whole Foods is a ‘blessing in disguise’ for Instacart

by Nat Levy on October 10, 2017October 10, 2017 at 1:00 pmComment

Amazon’s blockbuster deal to buy Whole Foods Market for $13.7 billion shocked the foundation of the grocery/retail world, and it also put grocery delivery startup Instacart in an awkward spot.… Read More

One month in: Whole Foods in-house items on the rise among Amazon’s top-selling brands

by Nat Levy on October 2, 2017October 2, 2017 at 10:06 amComment

Whole Foods’ in-house brands are quickly rising up Amazon’s charts to become top sellers for the online retailer. Citing data from One Click Retail, eMarketer reports customers have purchased more… Read More

Grocery celeb sighting: Whole Foods CEO John Mackey spotted at store near Amazon HQ

by Taylor Soper on August 29, 2017November 9, 2017 at 9:08 amComment

Whole Foods shoppers were treated to a grocery celebrity sighting on Tuesday morning when John Mackey strolled through his company’s store in Seattle. The Whole Foods co-founder and CEO dropped… Read More

Hundreds of Whole Foods 365 items now available through AmazonFresh and Fresh Pickup stores

by Nat Levy on August 28, 2017August 28, 2017 at 10:56 am1 Comment

It’s a new era for Whole Foods Market today, as Amazon takes control of the grocery chain, but we are also starting to get a peek at tweaks Amazon will… Read More

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Price check: Here’s how much Amazon is slashing Whole Foods items on its first day as new owner

by Taylor Soper on August 28, 2017November 26, 2017 at 11:49 am 7 Comments

Whole Paycheck? Not anymore. Based on our research, “3/4 Paycheck” might be a better nickname for Whole Foods Market following Amazon’s initial price cuts. A team of GeekWire reporters surveyed… Read More

Whole Foods offers Amazon Echo as ‘Farm Fresh Pick of the Season’ as tech giant takes over upscale grocer

by Nat Levy on August 28, 2017August 28, 2017 at 10:30 amComment

A display of Alexa-powered products such as the Echo and Echo Dot popped up at a Whole Foods Market in Seattle this morning, as Amazon begins to implement changes —… Read More

Whole Foods employees work late on eve of Amazon takeover, prepping to lower prices

by Taylor Soper on August 27, 2017August 27, 2017 at 8:36 pm 3 Comments

Amazon’s influence on Whole Foods has begun. Whole Foods employees were working late Sunday at multiple stores to prepare for their own “Day 1” as part of Amazon. Lower prices… Read More

Amazon to complete $13.7B Whole Foods deal Monday, promising lower prices and Prime integration

by Taylor Soper on August 24, 2017August 24, 2017 at 3:17 pm 2 Comments

Amazon announced today that its $13.7 billion acquisition of Whole Foods will close this Monday, Aug. 28, and revealed how it plans to lower prices and integrate its Prime membership… Read More

Amazon clears key regulatory hurdle in bid to buy Whole Foods for $13.7B

by Nat Levy on August 23, 2017August 23, 2017 at 2:06 pmComment

It’s been a good day for Amazon and its quest to acquire Whole Foods Market for $13.7 billion. Today, the U.S. Federal Trade Commission said it will not pursue further… Read More

Whole Foods shareholders approve $13.7B acquisition by Amazon

by Taylor Soper on August 23, 2017August 23, 2017 at 8:22 amComment

Whole Foods shareholders on Wednesday approved the company’s pending acquisition by Amazon. The vote paves the way for the $13.7 billion transaction to close later this year. It is still… Read More

Amazon’s $13.7B acquisition of Whole Foods set for key shareholder vote this week

by Nat Levy on August 22, 2017August 22, 2017 at 10:59 amComment

Amazon’s blockbuster deal to acquire Whole Foods Market for $13.7 billion could surpass a major milestone this week. On Wednesday, Whole Foods shareholders are expected to vote on the deal,… Read More

Report: Amazon looking at processed food tech that makes tasty meals with no need for refrigeration

by Tom Krazit on August 11, 2017August 11, 2017 at 2:03 pm 3 Comments

Amazon is reportedly testing emerging food technology originally developed for the U.S. military that would allow it to sell complete prepared meals that don’t require refrigeration. The speed at which… Read More

Whole Foods profits dip more than 11% with big Amazon acquisition pending

by Todd Bishop on July 26, 2017July 26, 2017 at 1:50 pmComment

Whole Foods Market reported profits of $106 million for the quarter ended July 2, down more than 11 percent despite posting a record $3.7 billion in sales. The results today… Read More

Grocery union claims Amazon’s $13.7B Whole Foods acquisition will hurt consumers and workers

by Nat Levy on July 17, 2017July 17, 2017 at 10:59 am 21 Comments

United Food and Commercial Workers International Union, an organization that represents more than 1 million retail workers across the U.S., has come out with criticisms of Amazon’s $13.7 billion deal… Read More

Amazon will become top U.S. grocer by 2030, and Walmart should buy Costco to compete, former insider says

by Nat Levy on July 12, 2017July 12, 2017 at 7:37 am 7 Comments

If the Amazon acquisition of Whole Foods goes through, Amazon could become the top grocer in the U.S. by 2030, says Brittain Ladd, who worked on global expansion for the… Read More

How Amazon’s $13.7B acquisition of Whole Foods came together, and what happens if it falls apart

by Nat Levy on July 7, 2017July 7, 2017 at 12:39 pm 2 Comments

Documents filed by Whole Foods Market today with the U.S. Securities and Exchange Commission reveal new details about the $13.7 billion acquisition by Amazon.com, including the timeline of the deal,… Read More

Report: Walmart has no appetite for challenging Amazon’s $13.7B Whole Foods deal

by Nat Levy on June 23, 2017June 23, 2017 at 2:43 pm 3 Comments

As investors continue to speculate about a potential rival bidder to Amazon’s $13.7 billion price for Whole Foods Market, Reuters reports that Walmart is not in the running to scoop… Read More

Geographic analysis: Amazon and Whole Foods footprints in U.S. are remarkably similar

by Todd Bishop on June 20, 2017June 20, 2017 at 8:41 amComment

Amazon’s $13.7 billion purchase of Whole Foods Market, the largest acquisition in the Seattle company’s history, will give the e-commerce giant a much bigger presence in physical retail, including nearly… Read More

Transcript: Whole Foods CEO assures employees that Amazon deal is ‘not a Tinder relationship’

by Todd Bishop on June 19, 2017June 19, 2017 at 5:35 pm1 Comment

Whole Foods Market CEO John Mackey was over-the-moon about the company’s pending acquisition by Amazon in a town hall meeting with employees after the $13.7 billion deal was announced on… Read More

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Geek on the Street: Here’s what Whole Foods shoppers say about Amazon buying their favorite grocery store

by Brian M. Westbrook on June 17, 2017November 26, 2017 at 11:12 am 3 Comments

The Whole Foods Market on Seattle’s Westlake Avenue sits at the epicenter of Amazon’s Seattle headquarters, just a few minutes away from the company’s new high-rise office buildings. It was… Read More

Whole Foods delivery partner Instacart: Amazon just ‘declared war’ on America’s grocery stores

by Todd Bishop on June 17, 2017June 17, 2017 at 10:50 am 2 Comments

Whole Foods may love Instacart, but there’s no love lost between the delivery startup and the grocery chain’s acquirer, Amazon, which is buying Whole Foods for $13.7 billion under a… Read More

Amazon to acquire Whole Foods for $13.7B; here are its other acquisitions ranked by price

by Taylor Soper on June 16, 2017June 16, 2017 at 8:46 pmComment

Amazon ventured into uncharted territory with its $13.7 billion purchase of Whole Foods, in particular compared to the tech giant’s other acquisitions over the past two decades. Before Friday, when… Read More

Shares of Whole Foods close above Amazon’s price as speculation grows that outside bidder could challenge blockbuster deal

by John Cook on June 16, 2017June 16, 2017 at 3:40 pmComment

Shares of Whole Foods closed Friday at $42.68 — topping the $42 per share offer that Amazon put in for the Austin, Texas-based grocery store chain. Why would Wall Street… Read More

Podcast

Podcast: Why Amazon is buying Whole Foods, and what it means for the tech and retail industries

by Todd Bishop on June 16, 2017June 16, 2017 at 6:10 pmComment

Amazon’s announcement this morning that it will acquire Whole Foods for $13.7 billion surprised the technology and retail industries, and the rest of the world. The deal promises to give… Read More

Amazon’s Whole Foods acquisition might take some cloud revenue off Microsoft’s table

by Tom Krazit on June 16, 2017June 16, 2017 at 12:15 pm1 Comment

Amazon’s $13.7 billion purchase of Whole Foods Friday also took a major customer away from its closest rival in the cloud. Whole Foods is a Microsoft Azure Active Directory and… Read More

365 by Whole Foods looked like the store of the future — then Amazon and the future stepped in

by Kurt Schlosser on June 16, 2017June 16, 2017 at 10:11 amComment

Last September, when Whole Foods opened a new high-tech “365 by Whole Foods Market” in Bellevue, Wash., I visited to see what all the fuss could be about when it… Read More

Amazon just acquired a training ground for retail artificial intelligence research

by Tom Krazit on June 16, 2017June 16, 2017 at 10:12 am1 Comment

Amazon didn’t acquire an iconic grocery store brand just for the quinoa: Whole Foods operates hundreds of retail data mines, and Amazon just married a world-class artificial intelligence team with… Read More

RFID tag maker Impinj soars on Wall Street as Amazon’s $13.7B deal to buy Whole Foods opens new opportunities for technology in retail

by Nat Levy on June 16, 2017June 16, 2017 at 10:16 am1 Comment

Amazon’s deal to acquire Whole Foods for $13.7 billion is sending far-reaching ripples across Wall Street, well beyond the grocery industry, affecting other Seattle tech companies. RELATED: Amazon to buy… Read More

Wall Street and Twitter react to Amazon’s blockbuster $13.7B acquisition of Whole Foods

by Taylor Soper on June 16, 2017June 16, 2017 at 11:19 amComment

Amazon’s announcement Friday morning of its intention to acquire Whole Foods for nearly $14 billion sent shockwaves through the tech, retail, and financial industries. The acquisition, Amazon’s largest to date… Read More

Amazon to buy Whole Foods Market for $13.7B, dramatically expanding physical retail footprint

by Todd Bishop on June 16, 2017June 16, 2017 at 10:42 am 24 Comments

Amazon will acquire Whole Foods Market for $13.7 billion, marking the Seattle-based tech giant’s most ambitious expansion yet into brick-and-mortar retail. RELATED: Wall Street and Twitter react to Amazon’s blockbuster… Read More