Even the giant online retailer is feeling the high cost and slim margin of the grocery business.
And they can't rely on their usual algorithms to decide what to stock up on.
The pandemic led to more people shopping for groceries online. But that trend may not hold.
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 up their digital game … and also improve delivery services. So what are they doing […]
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 says its working to “make high-quality natural and organic food affordable for everyone.” Analysts expect […]
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.