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Whole Foods

Amazon rivals turn to legal fine print to stem Whole Foods strategy

SAN FRANCISCO: Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door. As City Center mall’s largest tenant, Target Corp had a say over changes to the property. According to people familiar with the lease discussions, Target balked at sharing the mall with Whole Foods because it feared competition from the grocery chain’s new owner, Amazon.com. Early attempts to persuade Target failed, and Whole Foods may now have to concede certain Amazon…

Amazon to complete acquisition of Whole Foods on Monday, cut some prices

Amazon.com said on Thursday it plans to complete its $13.7 billion acquisition of Whole Foods Market on Monday after winning antitrust approval from US regulators on Wednesday. The companies said in a joint statement that Whole Foods will offer lower prices starting on Monday "on a selection of best-selling grocery staples across its stores." Amazon also said that it will start selling Whole Foods brand products on its website. Amazon said  Market will operate as a subsidiary and John Mackey will remain as CEO and Whole…