Amazon Slashes Whole Foods Prices: Here's How Much You'll Save

29 August, 2017, 00:31 | Author: Darnell Patrick
  • Screen Shot 2017 08 24

As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples across its stores, with more to come. The $13.7 billion deal - by far Amazon's biggest acquisition - marks the company's most significant move into both the $800 billion U.S. grocery market and brick-and-mortar stores. "Real value for Amazon will emerge when their consumer profiles stretch beyond the screen and into the physical aisle".

"There's already a price push across the board", said McQuivey.

Another shopper, Karen, noting the chain's "Whole Paycheck" image, says she will monitor how long the lower prices last.

"Starting Monday, Whole Foods Market will offer lower prices on a selection of best-selling staples across its stores, with much more to come", a press release issued by Amazon on August 24 stated.

On Monday morning, I stopped by the Fairview Road location, where customers were greeted with a huge green Whole Foods-Amazon banner that boasts: "We're growing something good". "If I could come in here and spend something comparable to Mariano's or Jewel, or ideally Trader Joe's, then they got a customer for life", she said.

So either Amazon is taking on more than it can handle by acquiring Whole Foods, or it has a trick up its sleeve.


Ralphs was selling conventional avocados for $1.99, versus $1.49 at Whole Foods.

The bananas were 89-cents a pound last week. It's an underrated part of the Whole Foods deal, and positions the retail giant for much more growth in coming years, as the online and offline retail worlds inevitably collide. Organic rotisserie chickens went from $13.99 to $9.99 each, while ground beef was trimmed from $6.99 to $4.99 a pound.

Customers can have products shipped from Amazon.com to a Whole Foods store for pick up or send returns back to Amazon during a trip to a store. "(Price cuts) are the low-hanging fruit for them".

Inc. (AMZN) is changing the way we shop all over again because its acquisition of Whole Foods Market seems like it has to be about so much more than just groceries.

"Lower prices could be catastrophic for some operators", said Madeline Hurley, a senior analyst at market research firm IBISWorld. And Amazon brings a degree of purchasing power, as one of America's largest retailers, to the table that Whole Foods could only dream about.

Whole Foods offers a wide variety of organic and vegan choices, fresh produce and flowers, bakery items, beauty and health products, meat and seafood and prepared foods, along with in-store café-style seating. All of the major competitors to Whole Foods immediately felt the impact of the news: Kroger, SuperValu, Costco, Sprouts Farmers Market and even Walmart and Target saw their stocks dip in the hours after the announcement.

Recommended:

  • Court sentences Samsung heir to five years prison

    Court sentences Samsung heir to five years prison

    Their quote references allegations that South Korean President Parks offered "repeated and aggressive " requests from Samsung. Park to provide government backing for business deals relating to Mr.
    Jaguars name Henne starting quarterback for third preseason game

    Jaguars name Henne starting quarterback for third preseason game

    Marrone in addition to Bortles' mobility also noted Bortles' improved sideline communication Thursday against Carolina. Bortles said he is motivated to continue his work as the starting quarterback and leader of the Jaguars.
    Hunt for AR Star Wars Characters During 'Find the Force' Event

    Hunt for AR Star Wars Characters During 'Find the Force' Event

    That means you can take a photo or video standing alongside the likes of Admiral Ackbar (as demonstrated in the video above). Star Wars VIII: The Last Jedi will be released in United Kingdom cinemas on 15th December 2017.
  • Goa CM Manohar Parrikar wins Panaji Assembly by-election

    Goa CM Manohar Parrikar wins Panaji Assembly by-election

    AAP's Ramchandra polled 59,886 votes while Ved Prakash, who polled 1.09 lakh votes in the 2015 polls, managed only 35,834 votes. In Andhra Predesh's Nandyal Assembly seat, TDP candidate is leading over YSRCP candidate by more than six thousand votes.
    1 in 10 Americans Say Neo-Nazi Views Are 'Acceptable'

    1 in 10 Americans Say Neo-Nazi Views Are 'Acceptable'

    Trump spoke out several times about the issues and groups involved in Charlottesville , shifting his position from day to day. Sixty-eight percent of voters think Trump's words/actions could cause an "international conflict", while 29 percent disagree.
    Zinke Says Monuments Can Stay (but He Might Shrink 'Em)

    Zinke Says Monuments Can Stay (but He Might Shrink 'Em)

    But many western Republicans criticized large protected areas such as Bears Ears as a distortion of the law's original intent. We must protect our special places and we must protect the Antiquities Act , which has designated them as monuments.
  • Federal Judge Rejects Texas' Revised Voter ID Law

    Federal Judge Rejects Texas' Revised Voter ID Law

    Paxton said the Department of Justice "is satisfied that the amended voter ID law has no discriminatory goal or effect". It passed after Ramos ruling, but to the judge's chagrin, however, the list of seven required IDs did not change.
    'Rocket League' on the Nintendo Switch gets exclusive Mario, Luigi-themed cars

    'Rocket League' on the Nintendo Switch gets exclusive Mario, Luigi-themed cars

    First up are the Mario and Luigi cars which are identical except for color schemes, which change depending on your team. It also bears a neon booster trail, making this one slick looking vehicle to use.
    'Call of Duty: WW2' Beta Release Date News

    'Call of Duty: WW2' Beta Release Date News

    Activision says that everyone will receive a code before 10 am PT, 1 am ET, 6 pm BST, 7 pm CEST on Friday, August 25. For even more chances, our sister site Game Revolution is doing a giveaway of their own that you can enter.
  • Bill Nye Sues Disney for Millions in 'Science Guy' Profits

    Bill Nye Sues Disney for Millions in 'Science Guy' Profits

    Nye's representative and Disney's have not responded to a request for comment. Nye to launch an audit that WDC had no intention of ever accommodating".

    Labour Wants Customs Union Access for United Kingdom in Transitional Period After Brexit

    Mr Starmer wrote: "Labour would seek a transitional deal that maintains the same basic terms that we now enjoy with the EU". There was also a warning of a backlash from the third of Labour supporters who voted Leave.
    Salesforce.com Inc (CRM) - Deutsche Bank Maintains Rating And Updates Price Target

    Salesforce.com Inc (CRM) - Deutsche Bank Maintains Rating And Updates Price Target

    Its down 0.14, from 1.13 in 2016Q3. 588.03 million shares or 3.26% more from 569.46 million shares in 2016Q3 were reported. It improved, as 53 investors sold MS shares while 267 reduced holdings. 78 funds opened positions while 213 raised stakes.


Popular

'Hillary Clinton Live' Is Coming To Boston This Fall
She won New Hampshire's four electoral votes by a slim margin of 2,700 votes over President Donald Trump. Pre-sale tickets for the Philadelphia stop are available now through September 4 if you register online.

There's a Listing for a Bethesda Game of Thrones Title on Target
A rather innocuous retail listing points to something set in Westeros from the noted open-world role-playing developer. Bethesda Game Studios has been secretive about what it is now working on.

MTV Invites Active-Duty Transgender Troops to VMA's
The Weeknd , who was previously announced as a performer, is now absent on the Performers list of artists on the MTV .com website. The MTV VMAs is an annual gathering of music icons , and pays tribute to the best performances in the industry.

Trump Says US Likely to Terminate NAFTA
But Barela said some were still reluctant to impress upon the president the trade agreement's importance to the state's economy. The former deputy trade czar under Barack Obama said it's an obvious move and he thinks the president made it too early.

One person shot in Charleston
Interim Police Cheif Jerome Taylor says the restaurant on tourist-heavy King Street was packed at lunchtime. He did not immediately respond to follow-up telephone calls asking whether there were more than two.

Move over Taylor Swift, Picture This released their new album today
The pop star, 27, called on celebrity photographer Mert Alas to shoot the cover of her album. Swift's new album, Reputation , comes out on November 10.

Venezuela Will Increase 'Anti-Imperialist Defense' Against Threats from the US: Maduro
Clashes in Venezuela between anti-government protesters and police this year have left 125 people dead, according to prosecutors. Southern Command in Lima, Peru, following threats of a "military option" to be considered against Venezuela by U.S.

SpaceX sticks another vertical rocket landing at sea
It's hard to believe it was less than two years ago that a SpaceX Falcon 9 landing was an elusive and unprecedented achievement . The larger, more powerful Falcon Heavy rocket is set for a demonstration launch later this year.

PlayerUnknown's Battleground Has Now Officially Sold 8 Million Copies
The game has been developed from a simple mod to a full game, with more and more ways to play and updates. PLAYERUNKNOWN aka Brendan Greene, is a pioneer of the Battle Royale genre.

Oil prices rise on tightening inventories
This roughly translates to an increase of about 0.4-0.5 mbpd from these two and negates almost half of the Opec's 1.2 mbpd cut. Crude stocks at the Cushing, Oklahoma, delivery hub fell 503,000 barrels, the Energy Information Administration said .