Latest Whole Foods Market Inc News

Online natural and organic grocery Thrive aims to fill niche

Oct. 14, 2018 11:20 AM EDT

NEW YORK (AP) — Thrive Market, a four-year-old online membership-based natural and organic food retailer, has successfully filled a niche modeled after Costco but just for healthy items. CEO Nick Green, along with his two co-founders Gunnar Lovelace and Sasha Siddartha, saw a big opportunity to make...

Retailers up their game after Toys R Us closures

Oct. 12, 2018 12:30 PM EDT

NEW YORK (AP) — When Toys R Us closed its doors, customers mourned the loss of a beloved brand that conjured memories of their own childhood. Retailers, on the other hand, saw an opportunity. Rather than cede any more ground to online behemoth Amazon, companies like Target, Walmart and Party City ramped up...

Amazon jumps out ahead of its rivals and raises wages to $15

Oct. 2, 2018 4:18 PM EDT

NEW YORK (AP) — Amazon, the business that upended the retailing industry and transformed the way we shop for just about everything, is jumping out ahead of the pack again, announcing a minimum wage of $15 an hour for its U.S. employees that could force other big companies to raise their pay. The online...

The Latest: Kudlow says rising wages not inflationary

Oct. 2, 2018 11:26 AM EDT

SEATTLE (AP) — The Latest on a pay raise more than 350,000 workers at Amazon.com (all times local): 11:25 a.m. The chief economic adviser in the White House said more people working and prospering is not inflationary in response to massive pay raises announced by Amazon. Larry Kudlow, the head of the...

Click-and-collect groceries: Sprouts to test curbside pickup

Sep. 5, 2018 3:52 PM EDT

NEW YORK (AP) — Sprouts plans to test curbside grocery pickup, following bigger chains like Walmart and Kroger that have been expanding the service as a way to make shopping more convenient and boost sales. CEO Amin Maredia said Wednesday the tests will occur in the next few months, but declined to specify...