Latest Whole Foods Market Inc News

Kroger to sell its goods to Chinese shoppers through Tmall

Aug. 14, 2018 5:40 PM EDT

NEW YORK (AP) — Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital business. Cincinnati-based Kroger is working to catch up with Walmart and with Amazon.com, which bought grocer...

Park, load, go: Amazon brings grocery pickup to Whole Foods

Aug. 8, 2018 9:50 AM EDT

NEW YORK (AP) — Amazon, known for bringing items to shoppers' homes, is adding a curbside pickup option at Whole Foods for Prime members. Shoppers will be able to order eggs, milk and other groceries on the Prime Now app, park in reserved spaces at the store and then workers will place the items in their...

Kroger brings it home, introduces online delivery

Aug. 1, 2018 10:50 AM EDT

NEW YORK (AP) — Kroger is introducing online delivery as customer convenience becomes an increasingly crucial element to gain loyalty in a hyper-competitive atmosphere. Online grocery shopping is still a tiny part of the market, but supermarket operators are betting that more people will want to buy their...

Amazon's quarterly profit tops $2 billion for first time

Jul. 26, 2018 7:05 PM EDT

NEW YORK (AP) — Amazon's quarterly profit soared past $2 billion for the first time as its online shopping, cloud computing and advertising businesses kept growing. The company, which has expanded far beyond its online bookseller beginnings, is also moving into health care and building up its physical...

United Natural Foods to buy Supervalu for $1.26 billion

Jul. 26, 2018 1:41 PM EDT

United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, Rhode Island, said Thursday it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including the assumption...

Amazon pokes fun at glitches, says tech gadgets popular

Jul. 17, 2018 4:34 PM EDT

NEW YORK (AP) — Amazon poked fun at the early glitches it saw with Prime Day, though it said shoppers still found plenty to buy. Analysts, meanwhile, saw other things Amazon could have done better, like discounting more fashion brands and taking more advantage of its acquisition of Whole Foods. Early...

Asian stocks fall, weighed by tensions over US trade tariffs

Jul. 16, 2018 11:26 PM EDT

SINGAPORE (AP) — Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. KEEPING SCORE: South Korea's Kospi lost 0.2 percent to 2,297.64 and Hong Kong's Hang Seng lost 1.0 percent to 28,247.53 in morning trading. The Shanghai...

Amazon's Prime Day runs into early snags

Jul. 16, 2018 6:30 PM EDT

NEW YORK (AP) — Amazon's website ran into some early snags Monday on its much-hyped Prime Day, an embarrassment for the tech company on the shopping holiday it created. Shoppers clicking on many Prime Day links after the 3 p.m. ET launch in the U.S. got only images of dogs — some quite...