Here are all the changes Amazon is making to Whole Foods (AMZN)

Whole Foods

Whole Foods is swiftly transforming under Amazon's control. 

Amazon's $13.7 billion acquisition of Whole Foods formally went through in August.

The changes began immediately, from cutting costs to internal restructuring. 

Following the acquisition, Amazon is trying "to operate more like a traditional market," the Wall Street Journal reported on Thursday. 

Here's what changes have been revealed so far — and how they'll affect Whole Foods shoppers. 

SEE ALSO: I visited Whole Foods on the day it was acquired by Amazon — and it's clear it'll never be the same

Whole Foods has already cut prices.

The day the acquisition went through, prices of many Whole Foods staples immediately dropped. Some price tags decreased by up to 40%. 

An identical basket of items from a Whole Foods location in Brooklyn went from $97.76 pre-acquisition to $75.85 post-acquisition. 



The grocery stores are now selling Amazon Echos and Echo Dots.

According to Amazon, the popular voice-controlled speaker system will be available at select Whole Foods locations. A Brooklyn location advertised the Amazon Echo as the "pick of the season" the day the acquisition completed. 



Amazon Prime members will get special discounts.

Whole Foods announced that Amazon Prime will replace Whole Foods' current loyalty program. 



See the rest of the story at Business Insider


Contributer : Tech Insider http://ift.tt/2xyjGDH
Here are all the changes Amazon is making to Whole Foods (AMZN) Here are all the changes Amazon is making to Whole Foods (AMZN) Reviewed by mimisabreena on Friday, September 22, 2017 Rating: 5

No comments:

Sponsor

Powered by Blogger.