Whole Foods prices just dropped by as much as 43%

August 28, 2017 by  
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Until recently, few people could afford to shop at Whole Foods regularly. Now that Amazon has bought out the grocery chain for $13.7 billion , however, big changes are underway. On its first day, the internet giant slashed some of the store’s prices by up to 43 percent. The goal is to upend the way customers shop and ensure more people have access to affordable, healthy food. The first step to addressing the store’s reputation for being overpriced (which has led some to call it Whole Paycheck) was to mark down the prices of food. Bloomberg reports that at the Whole Foods store on East 57th Street in Manhattan , organic fuji apples were marked down to $1.99 a pound from $3.49. Similarly, organic rotisserie chicken fell to $9.99 from $13.99 and organic avocados changed from $2.79 each to $1.99. All of the marked-down items have orange signs reading, “Whole Foods + Amazon .” The sign also lists that there is “More to come.” “Price was the largest barrier to Whole Foods’ customers,” said Mark Baum, a senior vice president at the Food Marketing Institute. “Amazon has demonstrated that it is willing to invest to dominate the categories that it decides to compete in. Food retailers of all sizes need to look really hard at their pricing strategies, and maybe find some funding sources to build a war chest.” 60-year-old Simon Salamon couldn’t be more pleased by the marriage between Amazon and Whole Foods . He said, “It reminded me why I shop at Amazon. Ninety-nine percent of the time they have the best prices and their return policy is great. With the prices lower, I think we’re more likely to shop here every day.” While Walmart has invested billions into lowering prices all around, it’s Costco that might be Whole Foods’ biggest competitor. The chain has a slate of organic items that are priced about 30 percent cheaper than Whole Foods, according to Sanford Bernstein. Prices can remain low, as Costco charges membership fees and sells bulk-sized goods to customers. Related: Whole Foods reveals the bleak future of dessert without bees Now that the deal is done, only time will tell if the organic grocery chain will be successful at changing its reputation and, in the process, serving a wider clientele. Via Bloomberg Images via Whole Foods , Pixabay

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Whole Foods prices just dropped by as much as 43%

Is IoT the secret ingredient for tackling food waste?

January 10, 2017 by  
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Whole Foods is among the early adopters for its Grind2Energy service, now powered by the Internet of Things.

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Is IoT the secret ingredient for tackling food waste?

The long view: Enter President Trump

January 10, 2017 by  
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The consequences of Donald Trump’s presidency may shape global economy, geology and climate for millennia.

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The long view: Enter President Trump

Whole Kids Foundation Focuses On Growing Healthy Kids

September 15, 2016 by  
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Whole Foods Market’s Whole Kids Foundation aims to raise $4 million to fund programs that give schoolchildren in the U.S., Canada and the U.K. better access to fresh fruits and vegetables. Why? Did you know… One in three U.S. children…

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Whole Kids Foundation Focuses On Growing Healthy Kids

9 supply chain tech companies you should know

October 15, 2015 by  
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Whole Foods is the latest big business to bet big on traceability tech — and it’s far from alone in the rush for more control over product sourcing.

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9 supply chain tech companies you should know

Whole Foods’ Sale of Rabbit Meat Sparks Widespread Protest Plans

August 14, 2014 by  
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Whole Foods has been selling farmed rabbit meat in selected outlets across the U.S. for most of the summer. The company claims this is in response to customer demand, but the product has met with a very negative reaction from animal lovers and activists. Calls to boycott the chain have been in effect since June , but now rabbit advocacy groups are calling for a day of action this Saturday 17 August, 2014. Read on for details. Read the rest of Whole Foods’ Sale of Rabbit Meat Sparks Widespread Protest Plans Permalink | Add to del.icio.us | digg Post tags: animal cruelty , animal rights , bunny , Meat , New Zealand rabbit , petition , pets , rabbit , The House Rabbit Society , vegan , vegetarian , whole foods , Whole Foods rabbit meat protest

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Whole Foods’ Sale of Rabbit Meat Sparks Widespread Protest Plans

From milk jugs to toy trucks: Green Toys a hit with ‘Whole Foods moms’

December 9, 2013 by  
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Launched in a garage in 2007, this toy maker is enjoying mainstream success with its recycled-plastic rocket ships and tea sets at Nordstrom and beyond.

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From milk jugs to toy trucks: Green Toys a hit with ‘Whole Foods moms’

Whole Foods, Walgreens and other retailers see the light on retrofitting

November 22, 2013 by  
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By adding thoughtfully planned and well-timed daylighting fixtures, big-box stores see significant energy savings.

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Whole Foods, Walgreens and other retailers see the light on retrofitting

Ford’s green roof caps a decade of innovation

November 22, 2013 by  
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Since the motor company first installed its massive green roof, the industry has made significant strides.

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Ford’s green roof caps a decade of innovation

Whole Foods, Trader Joe’s say no to genetically modified fish

March 21, 2013 by  
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In addition to salmon, at least 35 other species of genetically modified fish are currently under development.

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Whole Foods, Trader Joe’s say no to genetically modified fish

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