Thursday, August 24, 2017

Amazon will cut prices on avocados at Whole Foods when it completes acquisition on Monday

Amazon today announced that it expects to close the deal on acquiring Whole Foods on Monday after the FTC and shareholders approved the sale this week. Amazon says shoppers can expect lower prices at Whole Foods stores starting that same day on “best-selling grocery staples” such as organic eggs, bananas, butter, salmon, ground beef, and — our Vlad Savov’s favorite — avocados. (Maybe he’ll change his mind about Amazon Prime now?)

Later down the line, Amazon Prime will replace Whole Foods’ current customer rewards program and offer Prime members additional savings. Additionally, Whole Foods’ private label 365 brand will be available for order via Prime Pantry, Prime Now, AmazonFresh, and Amazon.com. Amazon Lockers will also be placed in...

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by Natt Garun via RSSMix.com Mix ID 8249471

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