Some organic farmers are already seeing price decreases in their crops and an unwillingness of buyers to enter into long-term contracts.
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Some organic farmers are already seeing price decreases in their crops and an unwillingness of buyers to enter into long-term contracts.
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In an attempt to grow its number of lower-priced grocery items, Amazon has cut its seller fees from 15% to 8%.
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A number of Whole Foods’ leases are preventing Amazon from executing specific strategic initiatives, such as installing Amazon lockers.
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Things between the two companies must be really bad because at a speech Sunday at the American Production and Inventory Control Society’s annual conference, Whole Foods’ Co-Founder and CEO John Mackey described the culture clash as “challenging”.
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While $1.6 million is a drop in the bucket, compared to Amazon’s $8 billion monthly online revenue number, this figure could rise significantly once Amazon puts its full weight behind Whole Foods-branded products.
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In a strange and slightly unsettling interview, John Mackey compared himself to Houdini and also said “amazing things are coming” but he didn’t know what.
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In its first week of being owned by Amazon, Whole Foods sold nearly $500,000 of its private label product. However, the company ran into inventory problems because it underestimated demand.
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Whole Foods has slashed prices on some food items by up to 43%, with organic apples, organic avocados, and organic chicken as the big beneficiaries.
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Instacart just signed a deal with Aldi. This is sure to have caused ire with Whole Foods, who is not only a partner but an investor in the company as well.
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Seeking to boost its supply of organic and grass-fed meat, Amazon is meeting with a dozen ranchers to discuss distribution possibilities. Amazon working directly with farmers is a trend that will only continue.
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An interesting analysis of what Amazon’s move into meal kits means for its overall food retailing strategy.
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Former Amazon executive Brittain Ladd shares what he thinks Amazon could do next to increase its market share in the food industry.
Read Article Fascinating read. What a former Amazon executive, who recommended that the company buy Whole Foods back in 2013, predicts what the online giant will do in the future.
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With the filing of a proxy statement, we learned that Albertson’s and four private equity firms all expressed interest in the company. Additionally, Whole Foods unsuccessfully sought $45 per share from Amazon.
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While it is often perceived that Amazon is saving Whole Foods, this interesting article makes the case why it is actually the other way around.
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In a shrewd move, Amazon has launched its own brands of organic baby food and coffee under the names Mama Bear and Happy Belly.
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