whole foods

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Amazon, Whole Foods Ignite Grocery Digital Transformation: Part 1

In purchasing Whole Foods Market, Amazon became a major player in the grocery store channel, and also forced established retailers to go more boldly into the digital space. HomeWorld’s Supermarket Report looks at Amazon’s Whole Foods initiatives, online trends in the grocery channel and how technology is playing a key role.

Retail
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.

Financials
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.

Retail
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.

Retail
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.