Amazon Cuts Whole Foods Summary

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In the article, “Amazon Cuts Whole Foods Prices as Much as 43% on First Day” informs the reader about Amazon’s errancy to be at the top of the grocery store industry. On their first day of ownership, after buying Whole Foods, they cut their prices up to 43%. According to Jennifer Kaplan and Matthew Boyle, “Cutting prices at the chain with such an entrenched reputation for high cost that its nickname is Whole Paycheck is a sign that Amazon is serious about taking on competitors such as Wal-Mart Stores Inc., Kroger Co. and Costco Wholesale Corp.” (2017). The fact that Whole Foods sells all organic is a plus for them but and not so much help for their competitors since customers are able to buy healthier food at lower prices. This is just the
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