The grocery-store industry now faces, in addition to overseas competitors, a deep-pocketed rival with a track record of moving customers online.
NYS Entity Status
NYS Filing Date
MARCH 03, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - LA GUADALUPE GROCERY STORE INC.
AROUND THE WEB
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Get ready for a whole new grocery store experience by the time Amazon's done.
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Buying a mountain of bananas at the local grocery store, Hester Mundis couldn’t help rolling her eyes when the assistant jokingly asked if she had a monkey at home. “I replied: ‘He’s not a monkey, he’s a chimp!’” says the 78-year-old writer, of Kingston, NY, who used to live on the Upper West Side with...
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By Alistair Barr, Bloomberg - Thursday Aug 24, 2017
Amazon.com's acquisition of Whole Foods Market will close on Monday and the companies said they will cut prices beginning that day. Whole Foods will lower prices "on a selection of best-selling grocery staples across its stores, with more to come," they said in a statement. Members of Amazon's Prime program will get special savings and in-store benefits through the integration, the companies also said. Shares of grocery-store chains fell on the announcement. Kroger Co. declined as much as 2.4 percent while Sprouts Farmers Market Inc. sank 2.5 percent. Wal-Mart Stores Inc., which sells the most groceries in the U.S., also dropped 0.8 percent.
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By FARHAD MANJOO - Saturday Jun 17, 2017
By purchasing the upscale chain, Jeff Bezos, Amazon’s chief, has a chance to tinker with how people buy groceries — and map the future of the physical store.