Amazon may cut prices at Whole Foods to shed the chain’s pricey image
Bloomberg News
(Bloomberg) — When Amazon.com Inc. completes its acquisition of Whole Foods Market Inc., Chief Executive Officer Jeff Bezos will try to keep the grocer’s reputation for premium fresh foods while cutting prices to shed its “Whole Paycheck” image. Amazon, No. 1 in the 2017 Internet Retailer Top 500, expects to reduce headcount and change inventory […]