whole foods

Amazon Considering New Retail Store Initiatives

In a third quarter conference call, Brian Olsavsky, Amazon.com svp/CFO, noted that the company would develop new retail-related enterprises that will help it build on brick-and-mortar initiatives such as the purchase of Whole Foods Market, the expansion of Amazon Books, the partnership with Kohl’s and the roll out of the Amazon Key in-home delivery service.

Amazon Delivers Strong Sales In Q3

Amazon had an eventful third quarter, including its purchase of Whole Foods and announcing it would open a second headquarters. Sales continued to surge for the e-commerce giant as it looked ahead to the holiday season.

Whole Foods Investigates Payment Card Data Breach

Whole Foods Market said it has investigated and resolved a security incident previously announced on September 28, involving unauthorized access of payment card information used at certain venues such as tap rooms and full table-service restaurants located within some stores.

Amazon To Acquire Whole Foods Market

In a move that positions the company as an upscale, natural food leader and provides broad on-the-ground market presence in the U.S., Amazon.com is acquiring Whole Foods Market for $42 per share in an all-cash transaction valued at $13.7 billion.