Grocery Stores
Amazons Category-Killer Instincts Hone in on the Grocery Business
Reported plan to launch a new supermarket chain, if accurate, would extend the online retailers growing reach into the brick-and-mortar world
Amazon plans to launch a new grocery-store chain that will be separate from its Whole Foods Market business, which it acquired in a $14 billion deal less than two years ago, according to a report in the Wall Street Journal. Assuming the news report is accurate, the road ahead in the supermarket business for Amazon…
Report: Whole Foods to Rebrand 365 Stores
The chain, which is owned by Amazon, is virtually abandoning its small-store format
Whole Foods Market wont build any more small-format 365 stores. According to Yahoo Finance, the grocery chain which Seattle-based Amazon purchased for $13.7 billion in 2017 said it would keep its existing 12 Whole Foods 365 stores open. There are no Whole Foods 365 stores in Washington state since Whole Foods closed its store at…