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Amazon finalizes Whole Foods takeover, promises reduce prices starting Monday

  • August 24, 2017
  • Business

Amazon’s $14 billion takeover of Whole Foods becomes central on Monday, and both companies contend business can design reduce prices ‘on a preference of best-selling grocery staples opposite a stores’ starting that day.

“We’re dynamic to make healthy and organic food affordable for everyone,” Amazon owner Jeff Bezos pronounced in a recover Thursday. “We will reduce prices though compromising Whole Foods Market’s long-held joining to a top standards.”

“We can reduce prices and double down on [our] goal and strech some-more people with Whole Foods Market’s high-quality, healthy and organic food,” Whole Foods CEO John Mackey said.

The association singled out a following equipment for assets as of subsequent week:

  • organic bananas,
  • organic avocados,
  • organic vast brownish-red eggs,
  • organic responsibly-farmed salmon and tilapia,
  • organic baby kale and baby lettuce,
  • animal-welfare-rated 85 per cent lean belligerent beef,
  • creamy and crunchy almond butter,
  • organic Gala and Fuji apples,
  • organic rotisserie chicken,
  • 365 Everyday Value organic butter.

Whole Foods has 431 stores in a U.S., a handful in a U.K. and 13 some-more in Canada — mainly in Toronto and Vancouver, though also one plcae in Victoria, and one in Ottawa.

Amazon also pronounced it will start implementing Amazon Prime into a remuneration systems in store, and once that’s finished Amazon Prime members can design special assets and in-store benefits.

In addition, a grocer’s whole line of private tag products will be accessible for squeeze as of Monday on Amazon.com.

More to come

Article source: http://www.cbc.ca/news/business/amazon-whole-foods-1.4260885?cmp=rss

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