This weekend will mark two years since Amazon.com Inc. announced it was acquiring Whole Foods Market. It was a thunderclap that demonstrated Amazon’s ever-growing ambitions and all but assured that e-commerce was about to rattle one of the last corners of retail to remain insulated from digital transformation. By now, [...]
Despite Amazon.com’s publicity push to promote price cuts at Whole Foods, the chain remains the highest price grocer in the land, according to a new study by Bank of America Merrill Lynch (BOA). The study, which included the round of price cuts announced on April 3 that the grocer claimed [...]
When customers say they want to run into Whole Foods to pick up a few things, they might not be talking about groceries. Whole Foods Market has seen an increase in foot traffic in the first quarter of 2019 versus the same quarter in 2018, according to data from inMarket, [...]
The top six slots of Progressive Grocer’s 2019 Super 50 list offer no surprises in terms of position — all of the companies that ranked first through sixth last year have reclaimed their places. But while these food retailers continue their battle for ultimate dominance over the U.S. grocery sector, [...]
As food retailers gain more experience providing prepared-foods solutions for their customers, they are carefully selecting restaurant partners or developing concepts themselves that meet the needs of their shoppers. Some operators that had previously relied primarily on in-house foodservice have begun bringing in more restaurant concepts from outside, especially local [...]
New lower prices at Whole Foods Market may not dispel the natural grocery chain’s “whole paycheck” reputation, but it could build stronger relationships with owner Amazon.com Inc.’s Prime members, much like Costco Wholesale Corp. has with its loyal repeat customers. On Wednesday, Whole Foods lowered prices on hundreds of items [...]
Two major grocers plan to open new flagship stores in the coming weeks, according to reports. Albertsons is planning to open the doors to its latest Market Street location in Meridian, Idaho on March 9, and Whole Foods will open a 70,000 square foot store in Atlanta on April 5. [...]
Customer satisfaction in six retail categories – supermarkets, department and discount stores, health and personal care stores, specialty retail stores, internet retail and gas stations falls for the second straight year according to the American Customer Satisfaction Index (ACSI®). ACSI’s latest Retail and Consumer Shipping Report, which is based on [...]
Whole Foods is raising prices again, bowing to pressure from some consumer-product makers to cover rising packaging, ingredient and transportation costs on hundreds of products. Internal communications reviewed by The Wall Street Journal show the natural grocer raised prices from 10 cents to several dollars as suppliers have boosted their [...]
It’s been said many times before that the evolution and ultimate rise of Amazon could be compared to that of the legendary American retailer Sears. Both companies created a new business model where there was none, founded on the principle of bringing the store to the customer. For Amazon, that [...]