Amazon cutting prices in Whole Foods to kick off ‘grocery wars’ with rivals Walmart

Published: 25/08/2017
Amazon cutting prices in Whole Foods to kick off ‘grocery wars’ with rivals Walmart
Source: WWW.SCMP.COM

Amazon plans to use its deep pockets to make big changes at Whole Foods, saying it will cut prices on bananas, eggs, salmon, beef and more when it completes its US$13.7 billion takeover next week. Helping Whole Foods win back customers who found “good enough” organic and natural products elsewhere, possibly at a lower cost, fits Amazon’s track record of keeping prices low to lock

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