August 24, 2017 by MMR
Amazon, Whole Foods Market Inc.
Featured Articles, Leading Headlines, Retail News
SEATTLE — Amazon announced on Thursday that its $13.7 billion acquisition of Whole Foods Market Inc. will close on August 28. Amazon also revealed details about how it intends to lower prices and integrate its Prime membership program into the Whole Foods checkout process. The company’s bid for Whole Foods was approved August 23 by
August 14, 2017 by David Pinto
Amazon.com Inc., David Pinto, Whole Foods Market Inc.
2017, Issue 08-14-2017, Issues, Opinion
The fallout from Amazon.com Inc.’s agreement to acquire Whole Foods Market Inc. is just beginning. But the implications are already clear: This transaction, if completed, will shake up the mass retailing community as nothing has done in years, if not decades. Parallels do not come readily to mind. Walgreen Co.’s merger with Alliance Boots GmbH
June 26, 2017 by MMR
Amazon.com Inc., Whole Foods cofounder and chief executive officer John Mackey, Whole Foods Market Inc.
2017, Issue 06-26-2017, Issues
SEATTLE — Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, including debt, in the biggest deal ever for the e-tailer as it continues to encroach on the grocery sector. Amazon will pay $42 a share in cash for the natural food chain, the companies said this month. Whole Foods cofounder and chief
June 16, 2017 by MMR
Amazon.com Inc., Whole Foods Market Inc.
Featured Articles, Leading Headlines, Retail News
SEATTLE — Amazon.com Inc. will acquire Whole Foods Market Inc. for $13.7 billion, including debt, in the biggest deal ever for the e-tailer as it continues to encroach on the grocery sector. Amazon will pay $42 a share in cash for the natural food chain, the companies said today. Whole Foods cofounder and chief executive
June 12, 2017 by MMR
Celeste Clark, Jana Partners LLC, Whole Foods Market Inc.
2017, Issue 06-12-2017, Issues
NEW YORK — Whole Foods Market Inc., after announcing major changes to its operations and board makeup and $300 million in cost cutting, faces more pressure from an activist investor that owns a significant portion of its shares, has made a number of company announcements including a possible nomination of a new board member as
May 22, 2017 by MMR
John Mackey, Keith Manbeck, Whole Foods Market Inc.
2017, Issue 05-22-2017, Issues
AUSTIN, Texas — Whole Foods Market Inc. unveiled a sweeping overhaul of its leadership structure on May 10, replacing five directors, naming a new board chair and making official the hiring of a new chief financial officer. The management shake-up came as the retailer faced intense pressure from restless investors. The moves were described as
November 14, 2016 by MMR
John Mackey, Walter Robb, Whole Foods Market Inc.
2016, Issue 11-14-2016, Issues
AUSTIN, Texas — Whole Foods Market Inc. announced on November 2 that cofounder John Mackey will take the helm as sole chief executive officer, ending a six-year experiment with a dual-CEO structure. The announcement came as Whole Foods reported its first annual decline in comparable-store sales since 2009. As part of the streamlining, Walter Robb
June 27, 2016 by MMR
Food and Drug Administrationco-chief executive officers John Mackey, Walter Robb, Whole Foods Market Inc.
2016, Issue 06-27-16, Issues
AUSTIN, Texas — Whole Foods Market Inc. co-chief executive officers John Mackey and Walter Robb received a letter from the Food and Drug Administration earlier this month that no food industry executive wants to receive — one warning the co-chiefs of “serious violations” that came to light in February after FDA officials inspected one of
May 23, 2016 by MMR
365, 365 store, Jeff Turnas, president, Whole Foods Market Inc.
2016, Issue 05-23-2016, Issues, Retail News, Topics
AUSTIN, Texas — Whole Foods Market Inc. has announced it has 19 leases for its small-format “365” store. Following the May 25 debut of the inaugural 365 by Whole Foods Market in the Silver Lake section of Los Angeles, the next two openings will be in Lake Oswego, Ore., in July, and Bellevue, Wash., in