Big Changes for Amazon and Whole Foods Merger Will Launch on Monday
Amazon and Whole Foods Market announced that Amazon’s acquisition of Whole Foods will close on Monday August 28.
The two companies said they are committed to making Whole Foods Market’s natural and organic food affordable for everyone. Toward that end, Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples across its stores.
“We’re determined to make healthy and organic food affordable for everyone,” said Jeff Wilke, CEO of AmazonWorldwide Consumer. “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.”
In addition, Amazon and Whole Foods Market technology teams will begin to integrate Amazon Prime into the Whole Foods Market point-of-sale system, and when this work is complete, Prime members will receive special savings and in-store benefits.
“It’s been our mission for 39 years at Whole Foods Market to bring the highest quality food to our customers,” said John Mackey, Whole Foods Market co-founder and CEO. “By working together with Amazon and integrating in several key areas, we can lower prices and double down on that mission and reach more people with Whole Foods Market’s high-quality, natural and organic food.”
Here’s what will be new in Whole Foods Market stores on Monday and what customers can expect over time as the two companies integrate:
• Whole Foods Market will offer lower prices on a selection of best-selling staples across its stores..
• After some technical integration work is complete, Amazon Prime will become Whole Foods Market’s customer rewards program, providing Prime members with special savings and other in-store benefits.
• Whole Foods Market’s healthy and high-quality private label products—including 365 Everyday Value, Whole Foods Market, Whole Paws and Whole Catch—will be available through Amazon.com, AmazonFresh, Prime Pantry and Prime Now.
• Amazon Lockers will be available in select Whole Foods Market stores. Customers can have products shipped from Amazon.com to their local Whole Foods Market store for pick up or send returns back to Amazon during a trip to the store.
Amazon and Whole Foods Market plan to offer more in-store benefits and lower prices for customers over time as the two companies integrate logistics and point-of-sale and merchandising systems.