Amazon says it will cut prices at Whole Foods as it completes acquisition on Monday

[brooklynite]

Source: Seattle Times

Amazon.com is wasting no time integrating with Whole Foods Market, announcing a raft of changes to the high-end grocer that the company plans to roll out when the $13.7 billion acquisition closes.

The deal will be sealed Monday, Amazon said in a statement Thursday, a day after U.S. antitrust regulators gave the green light for the deal to proceed.

Amazon plans to integrate Whole Foods into Amazon Prime, offering grocery discounts and other goodies to people enrolled in the membership program. And the grocer’s stores will eventually make their way into Amazon’s sprawling logistics empire, with the company planning in-store pickup and returns of items ordered from Amazon.com.

More immediately, the Seattle retail giant also says it will immediately lower prices on some items.

Read more: http://www.seattletimes.com/business/amazon/amazon-says-it-will-cut-prices-as-it-completes-acquisition-of-whole-foods-on-monday/?utm_source=The+Seattle+Times&utm_campaign=11401ce0dc-Alert_Amazon_says_it_will_cut_prices_at_Whole_Food

[Kleveland]

1. That is good news.

I like the stores a lot, they have some nice food items and such, and the environment is compfortable.

I just cannot abide their prices.

Lately, I have been getting most non-perishble items at Amazon.

I have a Whole Foods about a mile or less from home, and it would be great to have Amazon pickup there for some things.

[Demonaut]

18. no doubt at the expense of its workers

[bucolic_frolic]

2. I never shop at either place

Amazon failed to fill an order I waited 3 weeks for over the summer.

Why do they have things on their website if they can't deliver the goods?

[obamanut2012]

4. I have literally only had one Amazon order messed up in like 20 years

And, zero since I got Prime several years ago.

[bucolic_frolic]

6. I don't trust their reviews either

They are as polarized as our politics, especially for anything tangentially related to the public sphere.

And each author seems to have supporters, and each product ... cheery pabulum to sell more product.

I ignore 4 and 5 star reviews, I go for the middling 3's. Balance wins the day.

[Dream Girl]

14. Same, heavy Amazon user who has never had a problem in 10+ years

Orders come when promised, returns are easy.

[Codeine]

17. I've had maybe three or four screw-ups

by Amazon over the years, but they've all been immediately corrected and often I've been given extra months on my Prime as an apology of sorts.

[obamanut2012]

3. i just fainted in happiness

[Warpy]

5. I've been to Whole Paycheck once

right after they gobbled up Wild Oats Market and bought a bunch of leftover Wild Oats store brand stuff I really liked. That was it. It was the food co-op or Sunflower/Sprouts after that.

Bezos was probably sick of paying their prices.

[VWolf]

8. Whole Paycheck - that's what I call 'em as well n/t

[TexasBushwhacker]

9. I worked for Whole Foods for over 5 years

I liked their store brand products and their sales. I shop at Sprouts now. It's closer to home and I like that you can shop sale items for the previous week on Wednesdays, as well as new sale items.

[lark]

7. I hope they open some new stores soon.

The nearest one to me is 45 min. away.

[Bigredhunk]

10. -

Nice.

Still, I prefer Trader Joe's.

[procon]

11. None in my area, so I'm curious how Amazon will handle online orders. nt

[Sunlei]

12. competition is always good for us consumers. To bad Rs pass laws where consumers can't buy factor

factory/farm direct/homemade (in personal home)- cars, foods, medicines....everything.

[YOHABLO]

13. Whole Foods is still way too expensive for middle income folks. Love the store thought.

[Cicada]

15. Amazon hates profits so prices will fall

Amazon only cares about getting bigger. It wisely knows that once they take over the known world they can raise prices a bit to make profits. Well, I guess Amazon will share the known world with Ali Baba.

[mcar]

16. Yay!

[politicat]

19. Still not buying from either WF or Amazon until they quit Breitbart.

WF has not been great for labor, so I'm not expecting changes.