by Admin | Sep 18, 2017 | Companies, News
Amazon’s recent acquisition of Whole Foods has analysts buzzing about what changes are likely to occur in both companies. Some are saying that Amazon’s biggest contribution, interestingly, isn’t its tech; it’s Amazon Prime. At the moment, about 80 percent (or 38...
by Admin | Jun 19, 2017 | Companies, News
On June 15, Amazon announced that it was buying upscale grocery chain Whole Foods for $13.7 billion, or $42 per share. The news shook up the markets, with Whole Foods’ stock rising almost 27 percent in Friday-morning trading. Whole Foods’ grocery rivals’ stock took a...
by Admin | Oct 10, 2015 | Companies, News
Whole Foods is cutting 1,500 jobs in the near future, apparently in response to a changing market. This follows the creation of about 9,000 jobs last year. They claim that they need to reduce prices and increase spending on technology in order to stay competitive....
by Admin | Sep 6, 2015 | Companies, News
After being accused of overcharging in their New York City stores, Whole Foods stocks are down more than 30% and are trading at $34.50. Growth is sluggish, opening dates for new locations are being postponed, and the name Whole Foods is generally leaving an...
by Admin | Mar 14, 2014 | News, Social Media
Just like its social media competitors, business insiders are predicting that Pinterest will soon start running more ads on its popular pinboard-style social platform. Millions of people around the world use Pinterest in their personal lives and for work; it’s simply...
