Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Food Industry Hits Panic Button Following Amazon’s Whole Foods Buy

June 10, 2018: 12:00 AM EST

Amazon.com Inc.’s June 2017 acquisition of Whole Foods Market Inc. for $13.5 billion has prompted rival food retailers to reorganize, reinvent, and recalibrate their business and sales strategies. Whole Foods has seen an increase in sales and delivery following its merger with the online retailer. This is prompting grocery chains to speed up investment plans for delivery and pickup services for their online retail operations. Also, dozens of supermarket companies have entered into agreements with online grocery-delivery service provider Instacart Inc. [Image Credit: © Marco Pomella @ Pixabay.com]

Heather Haddon, "A Year After Amazon Devoured Whole Foods, Rivals Are Pursuing Countermoves", Wall Street Journal, June 10, 2018, © Dow Jones & Company, Inc
Domains
RETAIL BUSINESS
Market News
Marketing
Strategy
Trends
Geographies
Worldwide
North America
United States of America
Categories
Companies
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Marketing & Advertising
Developed by Yuri Ingultsov Software Lab.