Food Business News - September 5, 2017 - 1
September 5, 2017 | foodbusinessnews.net
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STORY ON PAGE 44
IN THIS ISSUE
Hain Celestial benefiting from s.k.u.
rationalization, cost savings
Amazon, Wal-Mart vie for
New guidance to pave way for
menu nutrition labeling
Sweetener deliveries, consumption
KANSAS CITY - Digital retail collided with
brick and mortar on Aug. 28 when Amazon, Seattle, closed on its acquisition
of Whole Foods Market. That same day,
Whole Foods Market lowered the prices of
some "best-selling grocery staples across
its stores, with more to come," according
to the on-line retailer.
"We're determined to make healthy
and organic food affordable for everyone,"
said Jeff Wilke, chief executive officer of
Amazon Worldwide 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."
Amazon kicked off its ownership of
Whole Foods by lowering the prices of
such items as organic bananas, responsibly farmed salmon, organic large brown
eggs, animal-welfare-rated 85% lean
ground beef, and more.
"And this is just the beginning - we
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