Amazon.com Inc. said it will begin slashing prices on grocery staples at Whole Foods Market Inc. on Monday, the first changes the online retailer plans for its $13.7 billion acquisition.
NYS Entity Status
NYS Filing Date
JANUARY 06, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - MARLINE PRICE RITE DELI GROCERY INC.
Around the Web
- Amazon Clobbers Grocers' Stocks With Price Cuts at Whole Foods
Thursday Aug 24, 2017
- Amazon to cut prices at Whole Foods starting Monday
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.
- Amazon Plans to Lower Some Prices at Whole Foods
By NICK WINGFIELD and DAVID GELLES - Friday Aug 25, 2017
Amazon said that starting Monday, Whole Foods will offer lower prices on a “selection of best-selling staples across its stores, with much more to come.”
- Amazon Deal for Whole Foods Starts a Supermarket War
By RACHEL ABRAMS and JULIE CRESWELL - Friday Jun 16, 2017
The grocery-store industry now faces, in addition to overseas competitors, a deep-pocketed rival with a track record of moving customers online.
- Amazon Cuts Grocery Prices at Whole Foods
Monday Aug 28, 2017
Amazon marked its takeover of Whole Foods by cutting grocery prices and advertising its Amazon Echo devices at a steep discount in many of the natural grocer’s stores nationwide.