Latest in Gear

Image credit: Shutterstock

Amazon's acquistion of Whole Foods will make some groceries cheaper

The two companies' services will begin blending after the deal closes Monday.
487 Shares
Share
Tweet
Share
Save

Sponsored Links

Shutterstock

Amazon announced today that its acquisition of Whole Foods will close on Monday August 28th and the finalized deal will come with a few perks to both the grocery chain's and Amazon's customers.

First, starting on Monday, prices on a slew of Whole Foods items will drop. Products that will see a price cut include Whole Trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic Gala and Fuji apples, organic rotisserie chicken and 365 Everyday Value organic butter. And additional items will continue to be discounted in the future.

Further, once the two companies are more thoroughly integrated, Amazon Prime will become the Whole Foods customer rewards program and Prime members will get added discounts and other benefits. Additionally, products under Whole Foods brand labels, such as 365 Everyday Value, will be available for purchase through Amazon.com, AmazonFresh, Prime Pantry and Prime Now. And Amazon will further blend the two markets by introducing lockers at select Whole Foods stores to which customers can ship Amazon.com purchases. They'll also be able to return Amazon purchases at Whole Foods stores.

"We're determined to make healthy and organic food affordable for everyone. Everybody should be able to eat Whole Foods Market quality – we will lower prices without compromising Whole Foods Market's long-held commitment to the highest standards," Jeff Wilke, CEO of Amazon Worldwide Consumer, said in a statement. "There is significant work and opportunity ahead, and we're thrilled to get started."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
487 Shares
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
Walmart sues Tesla after solar panels catch fire at stores

Walmart sues Tesla after solar panels catch fire at stores

View
A fourth 'Matrix' movie is happening

A fourth 'Matrix' movie is happening

View
Sega’s remastered ‘Yakuza’ bundle for PS4 comes to the US

Sega’s remastered ‘Yakuza’ bundle for PS4 comes to the US

View
NASA confirms mission to Jupiter's moon Europa

NASA confirms mission to Jupiter's moon Europa

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr