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Amazon Plans Cuts to Shed
Whole Foods´ Pricey Image

Bloomberg, by Spencer Soper and Craig Giammona

Original Article

Posted By:earlybird, 6/19/2017 11:42:14 AM

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 expects to reduce headcount and change inventory to lower prices and make Whole Foods competitive with Wal-Mart Stores Inc. and other big-box retailers, according to a person with knowledge of the company’s grocery plans. That included potentially using technology to eliminate cashiers. An Amazon spokesman denied any job cuts were planned.

Comments:
Headlines all over today’s media blare that job cuts will be coming.

      


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Reply 1 - Posted by: melanie, 6/19/2017 11:52:32 AM     (No. 11291151)

Where will the "beautiful" people shop for groceries? What if they can´t pay top dollar for organic arugula? How will they feel self-righteous and smug when they shop among deplorables?

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Reply 2 - Posted by: BeatleJeff, 6/19/2017 12:04:46 PM     (No. 11291164)

Change their image? But calling them "Whole Paycheck" is so much fun!

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Reply 3 - Posted by: Alice, 6/19/2017 12:12:52 PM     (No. 11291172)

I like Whole Foods Market, but a few years ago we moved to a rural area, so it´s history for us anyway.

Still, the old fashioned attention and assistance you could get as a customer mostly offset the virtue signalling around you. And I loved shopping among the variety offered.

Amazon will proudly add cashiers to the unemployment lines. It does not affect me anymore, but I think it´s a mistake.

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Reply 4 - Posted by: mean Gene, 6/19/2017 12:17:43 PM     (No. 11291176)

One day, after avoiding Whole Foods for a lifetime, I only needed one thing to make dinner, a bunch of cilantro.
So, Whole Foods was right there.
I went in.
The cilantro was $2.59 a bunch!!!
I left and made another stop for cilantro at a regular supermarket for $0.50 a bunch.
Never went back to Whole Foods.

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Reply 5 - Posted by: dvc, 6/19/2017 12:18:37 PM     (No. 11291179)

Never been in one.

Now that Bezos owns it, that casual choice will become a hard rule.

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Reply 6 - Posted by: plainjane, 6/19/2017 12:19:29 PM     (No. 11291180)

I´m going to miss Whole Foods.

Always thought their prices were very competitive if you´re comparing apples to apples.

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Reply 7 - Posted by: BaseballFan, 6/19/2017 12:28:55 PM     (No. 11291187)

#6, respectfully, I offer:

Whole Foods Organic Gala apples: $1.99/pound; sale price; regular price is $2.99/pound.

Sprouts Organic Gala apples: $2.99/ 2 pounds (regular price)

Apples to apples.

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Reply 8 - Posted by: varkdriver, 6/19/2017 12:37:28 PM     (No. 11291197)

#7, I was told there be no math in this interview...

The prices are one thing, but the selection of regular food items is another. There is a lot of things in WF that a regular household would probably never buy.

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Reply 9 - Posted by: dman, 6/19/2017 12:39:14 PM     (No. 11291198)

While certainly not a fan of Bezos´ politics, you must tip the hat to his business vision and acumen.

We need a business corollary to Laura Ingraham´s Shut Up and Sing.

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Reply 10 - Posted by: Tulsa, 6/19/2017 1:15:07 PM     (No. 11291252)

#8 lol on the math. I don´t do it either.

WF was right next door to a 100% cotton boutique I shop. WF had vanilla for cakes with no alcohol. It wasn´t even the best of the best, but it was so much better than Kroger, I bought it.

And while there I bought their chicken salad to go for lunch. Several varieties were delicious.

There was an article Kroger is buying The Fresh Market. Haven´t read anything on that in a while.

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Reply 11 - Posted by: Chuzzles, 6/19/2017 2:49:09 PM     (No. 11291354)

Lots of people with health issues shop there. My DIL has thyroid and gluten issues so they shop there. If folks want to razz her about being part of the ´beautiful people´ culture, whatever.

This could go either way. But with Bezos I am looking for it to go in the worst possible direction. He knows no other way, and he has a new mansion in DC that won´t pay for itself to be redecorated.

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Reply 12 - Posted by: Nevadadad46, 6/19/2017 2:50:53 PM     (No. 11291358)

I love Amazon and I like Whole Foods. I´m kinda pumped by this "whole thing".

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Reply 13 - Posted by: mickturn, 6/19/2017 3:38:33 PM     (No. 11291415)

We don´t call it Whole Foods, we call it Whole Paycheck.

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