It puts some pressure on firms that might not be ready to raise workers' pay, one economist says.
Employees at Whole Foods, which Amazon now owns, will get the same pay hike. Amazon's hourly operations and customer service employees, some who already make $15 per hour, will also see a wage increase.
It’s been a year since Amazon acquired Whole Foods, and the company announced today Prime members in 10 more states are eligible for special deals at the store. With Amazon getting deeper into the grocery business, competitors have had to…
Brands often rely on food influencers to connect with new audiences.
Online retail giant Amazon is on track to close its acquisition of the natural and organics grocer Whole Foods. Whole Foods has been losing sales in recent years as competitors ramp up their organic offerings at lower prices. Now Amazon…
Amazon is planning to slash the prices of some items at Whole Foods, like bananas and salmon, starting Monday.
The Amazon-Whole Foods deal is shaking up the retail industry.
Amazon has agreed to buy Whole Foods in a roughly $13.5 billion deal. It would be Amazon’s biggest acquisition to date, and it’s generating headlines such as “earth shaking.” Whole Foods has been underperforming a little lately. Its growth has…
It wasn't long ago Amazon was just a quaint online book store.
The online retail giant is buying the grocery chain for $13.7 billion.