Amazon opened its first Amazon Go Grocery store in Seattle at the end of February, ballooning the size of its “Go” footprint to about 10,000 square feet; more than five times larger than the 1,800-square-foot original Amazon Go store. Both “Go” and “Go Grocery” models use Amazon’s cashierless checkout system.
Amazon is growing rapidly. Just not in its physical stores. In late October, the company reported an overall 24% increase in revenues during its third-quarter (Q3) compared to the same period last year. Revenues in Q3 were $69.9 billion, and for all of 2019, will easily crest $200 billion. Amazon...
[vc_row][vc_column][vc_column_text]Unlike some of the other diets WholeFoods has covered in the past few months—Mediterranean and Plant-Based come to mind—Whole30 has a precise definition, an exact set of rules, and a thorough list of don’t-eats. The concept: Eat whole foods for 30 days, which the diet’s creators say is the time...
Austin, TX - More than a dozen executives and senior managers have reportedly left Whole Foods since Amazon acquired it last year but industry observers say that shouldn't be a surprise given two entirely different cultures were coming together and the point of the acquisition was to fix a model...
Boise, ID – Albertsons will be launching a digital marketplace for small or new brands, and it could be ready for consumers this summer, according to a story reported by CNBC. This occurs as more and more retailers turn to big data to help them guide their buying decisions. It...
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...
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,...
Like most relationships, my love affair with Whole Foods started off great. I loved the narrative: three hippies get together in the mid-1980’s to start a store that’s an alternative to “Big Food” — a store devoted to selling foods that actually make a difference to your health. Beautiful, organic...
