Whole Foods Market has informed customers that it is shutting down its rewards program, which will most likely be folded into the Amazon Prime program. According to Market Watch, the national grocer sent an email to members stating that the loyalty program will end, and...
Albertsons Companies, Inc., one of the nation’s largest grocers, announced that it is buying meal kit company Plated. According to CNBC, the Albertsons Companies, Inc. deal is the grocer’s first big strategic move since Amazon’s $13.7 billion deal to acquire Whole Foods Market earlier this...
The grocery store Kroger’s stocks tanked in trading on Friday (Sept. 8), taking other supermarket stocks down with it. The sell-off in shares wasn’t due to second quarter earnings, in which the company met expectations on the earnings side and came in with revenue that...
Calls to mergers and acquisitions bankers have seen a significant boost this summer, with retailers requesting that they put out feelers to Amazon in the hopes that they might be the next acquisition for the online retail giant. The Financial Times reported news that investors, analysts...
June 18, 2018
One year after Amazon acquired Whole Foods for $13.7 billion, one surprising company is reaping rewards from the deal: Google. According to CNBC, Google has been attracting partnerships with retailers looking for ways to compete with Amazon. In fact, Target, Walmart, Costco and others have signed on for a new advertising program with Google that […]
April 18, 2018
Whole Foods Market has informed customers that it is shutting down its rewards program, which will most likely be folded into the Amazon Prime program. According to Market Watch, the...
September 21, 2017
Albertsons Companies, Inc., one of the nation’s largest grocers, announced that it is buying meal kit company Plated. According to CNBC, the Albertsons Companies, Inc. deal is the grocer’s first...
September 11, 2017
The grocery store Kroger’s stocks tanked in trading on Friday (Sept. 8), taking other supermarket stocks down with it. The sell-off in shares wasn’t due to second quarter earnings, in...
