I visited Whole Foods on the day it was acquired by Amazon — and it's clear it'll never be the same (AMZN)
Amazon now officially owns Whole Foods — and the grocery chain is already transforming.
On Monday, Amazon's $13.7 billion acquisition of Whole Foods formally went through.
It was immediately clear that this wasn't a gradual transfer of power and slow evolution. Instead, overnight, Whole Foods slashed prices. The price of grass-fed ground beef dropped to $6.99 a pound from $10.99, bananas went from 79 cents to just 49 cents.
Amazon and Whole Foods announced plans to cut prices last Thursday, but didn't get into the nitty gritty of how the experience of shopping at the grocery chain would change.
So, on Monday, Business Insider visited a Whole Foods in Brooklyn, New York to see exactly how Amazon's acquisition was immediately impacting the grocery chain.
SEE ALSO: Amazon just made shopping at Whole Foods cheaper — here's exactly how much you'll save on each item
The Whole Foods location, which opened in 2013, looked unchanged when I showed up at 7:59 a.m., prior to its 8 a.m. opening.
However, the moment I entered the store it was clear that Amazon had taken over.
Nestled next to the local veggies was a "pick of the season" of a different kind: the Amazon Echo and Echo Dot. According to Amazon, the popular voice controlled speaker system will be available at select Whole Foods locations.
See the rest of the story at Business Insider
Contributer : Tech Insider http://ift.tt/2wDOcfb
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