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A year after Amazon takeover, Whole Foods still hasn’t shed its whole paycheque status


A Whole Foods Market in Detroit. A year after Amazon acquired the grocery company, shopping at Whole Foods still claims as much of your paycheque as before, unless you're an Amazon Prime member. — Chicago Tribune/TNS

A Whole Foods Market in Detroit. A year after Amazon acquired the grocery company, shopping at Whole Foods still claims as much of your paycheque as before, unless you're an Amazon Prime member. — Chicago Tribune/TNS

Amazon's blockbuster deal to buy Whole Foods Market for US$13.7bil (RM56.30bil) last August was met with much fanfare about lower prices. 

The Internet giant, which has dominated the retail industry by undercutting its rivals, immediately slashed prices of some items after acquiring the notoriously expensive grocery chain. The cost of organic Fuji apples, for example, fell 43% on the first day of Amazon's ownership. 

Whole Foods , Amazon

   

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