In reviewing Amazon's proposed $13.7 billion takeover of Whole Foods, the U.S. Federal Trade Commission is reportedly exploring a complaint that the company posts false list prices on its website, making its discounts seem better than they really are.
The long food narrative of the state informs the whole menu at Arcana, using almost entirely local meat and produce.
(Reuters) — As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe. The FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at some […]
As Amazon prepares to lock down its mega-merger with Whole Foods, one of its most controversial sales practices may be coming back to haunt it. The Federal Trade Commission is investigating claims that the online shopping giant misleads...Show More Summary
Summary: First it sold books. Next it sold toys and electronics. Then it acquired Whole Foods in a $13.7 billion deal. Now it’s on the fast track to dominate just about every other industry. On the heels of another massive Amazon Prime Day, new research from customer experience...
Headlines and highlights from around the web: Whole Foods is having a big sale on some of their best wines this Friday through Sunday, July 21-23, with bottles starting at $8. And if you’re lucky, maybe your local store will also have a wine tasting room with Yquem available by the ounce. ???? The laptop ban on […]
Probe was brought on by complaint from advocacy group Consumer Watchdog as part of Amazon's proposed $13.7 billion acquisition of Whole Foods.
The city's newest Whole Foods debuts July 21st in Harlem at 125th Street and Lenox Avenue, nearly five years after the grocer announced the new store. As with all of their new stores, the company will mark the occasion with a bread-breaking ceremony Friday morning at 8:45 a.m., followed by the official door opening at 9 a.m. [ more › ]
Sometimes-activist firm Jana Partners sold out of its Whole Foods position with a $300 million profit.
(Reuters) - Activist investor Jana Partners LLC cashed out of its position in Whole Foods Market Inc, a regulatory filing showed on Wednesday, after the upscale grocer agreed to be acquired by Amazon.com Inc in a $13.7 billion deal last month. Show More Summary
The hedge fund Jana Partners, which sought changes at the grocery chain before its $13.4 billion deal with Amazon, has sold its 8.2 percent stake in Whole Foods.
Jana Partners is getting paid handsomely for its effort to push Whole Foods into making some changes, a drive that led to the company's sale to Amazon. The activist hedge fund, which bought a more than 8% stake in Whole Foods in early...Show More Summary
These kinds of profits can buy you like two weeks of groceries at Whole Foods, ie a large fortune.
Peached Tortilla, Tacodeli, Jo’s Coffee, and more Austin-Bergstrom International Airport’s food offerings are about to get even better with the addition of a whole bunch of local restaurants and bars. Look out for Tacodeli, Peached Tortilla,...Show More Summary
Whole Foods announced this week that stores all over the country will be having a major wine sale from Friday, July 21, through Sunday, July 23.
Amazon is already a huge part of many people's lives. And its $13.7 billion deal for the organic grocer Whole Foods will likely bind its customers even more tightly.
Union Square is a spot as multi-purpose as they come. The area's popular with both tourists and locals thanks to the arrival of retailers like Whole Foods, Nordstrom Rack and Forever 21, it boasts the city's most popular green market, and serves as a major transit hub. Show More Summary
The meal-kit business may be heading for a food fight. On one side: retail giant (and Whole Foods acquirer), which recently started selling boxes of pre-measured ingredients and easy-to-follow cooking instructions to some customers. On the other: smaller companies that were already doing this, including HelloFresh, Plated, and Blue Apron, which went public on…
Fresh off putting a scare into grocery stores with news it was attempting to acquire Whole Foods, Amazon is now doing the same in the meal-kit delivery sector. Quartz reports Blue Apron went public June 28—the first meal-kit company to do so. Less than a month later, it appears...
Amazon-branded meal kits come with raw ingredients needed to prepare such meals as chicken tikka masala and falafel patties. The development comes as Amazon is also buying the organic grocer Whole Foods for $13.7 billion, a deal that...Show More Summary