Austin, TX - Whole Foods Amazon will meet with some of its “most important brands” on March 19 to discuss growing tensions, according to a report from CNBC. The parties will reportedly discuss Whole Foods' efforts to centralize its merchandising. Of concern is the shift from local to national buying,...
Providence, RI — United Natural Foods, Inc. reported record-setting net sales, and raised its guidance for fiscal 2018 during its second quarter financial results conference call. The organic, natural and specialty food distributor's net sales were $2.53 billion, representing growth of 10.6% or approximately $242 million over the second quarter...
Austin, TX – As Amazon takes a more prominent stake in merchandising at Whole Foods Market six months in, a report from Yahoo Finance says it is pressing for more mainstream products such as Coca-Cola, in clear conflict with the company’s current standards for the type of foods it will...
Phoenix, AZ - Sprouts Farmers Market saw comparable store sales grow 4.6% and topped analysts’ earnings expectations for the fourth quarter. In its earnings report, the natural foods grocer announced net sales of $1 billion, a 16% increase from the same period in 2016. Comparable store sales growth was 4.6%,...
San Francisco, CA - Instacart is not taking news of Amazon’s free two-hour delivery service sitting down. The online grocery delivery service just raised $200 million in fresh funding, and boosted its valuation by nearly a billion dollars, CFO Ravi Gupta announced this week, according to Reuters. This means the...
Cincinnati, OH - More than 50 emerging natural food brands participated in Kroger's second Natural Foods Innovation Summit last week, an increase of ten from its inaugural summit in October. Part of the reason for this could be the supermarket's new online portal for suppliers, launched in September. The supermarket,...
Amazon is now offering its Prime members in four cities free, two-hour delivery from Whole Foods stores. And customers could get rewards for their participation as well. This week, Stephenie Landry, vice president of Prime Now, Amazon Fresh and Amazon Restaurants, announced that customers of the $99-a-year Amazon Prime delivery...
Seattle, WA – Spurred by higher-than-expected results for its Alexa Virtual Assistant and an unprecedented number of new Prime members, Amazon.com’s fourth quarter sales were up nearly 40%, totaling $60.5 billion in sales. Prime is poised to become the loyalty program for Whole Foods Market stores. According to results released...
Seattle, WA — The new Amazon Go store — a cashier-free, cash-free, completely automated grocery store — had shoppers standing on line outside waiting to get in. But some are questioning the impact the "high-tech 7-11" will have on employees and consumers. Is this the format of the future? Upon entering,...
Austin, TX — As Whole Foods Market continues its transformation under new parent Amazon.com, suppliers have been given notice of what it will cost. According to the Washington Post, an email recently sent to the company’s suppliers, spells out the new system. Under the previous system, suppliers could run in-store...
