Tuesday, 11 December, 2018

Next Up at Amazon-Run Whole Foods: Half-Priced Halibut Steaks

The annual cost for prime membership is expected to rise 20-percent from $99 a year to $119 The annual cost for prime membership is expected to rise 20-percent from $99 a year to $119
Elijah Vega | 16 May, 2018, 11:26

Amazon on Tuesday introduced a new 10 percent discount on Whole Foods sales items.

Whole Foods now has over 470 stores in the U.S., Canada and United Kingdom combined, but the majority - 463 - are in the U.S.

Experience upcoming Amazon program for Amazon prime members.

(Typically hundreds of Whole Foods products are on sale at a given moment.) In addition, Prime members will now enjoy deeper weekly discounts on select popular items.

The move - which Amazon had been planning even before it closed the $13.5 billion acquisition of the organic grocer in August - is the latest link between Whole Foods and Amazon's broader commerce empire.

The first wave of deals for Prime members at Whole Foods stores in Florida include $10 a pound off halibut steaks, two 11-ounce bags of KIND granola for $6, and a buy one, get one free offer on 12-pack cases of Whole Foods house brand 365 Everyday Value sparkling water.

Treasury yields surge pushes Wall Street lower
The Shanghai Composite index dropped 0.3 percent to 3,183.28 and shares in Southeast Asia were lower while Taiwan advanced. The S&P 500 posted 10 new 52-week highs and seven new lows; the Nasdaq Composite recorded 82 new highs and 51 new lows.

Cold-brew coffee at Allegro coffee bars: 50 percent off 16 oz. The company says it ultimately plans to make Amazon Prime the Whole Foods Market customer rewards program. That could be a lure for Prime members who already shop Whole Foods, but could push price-conscious shoppers further away from the chain, given its existing reputation for high prices.

That will create a code on their phone that the Whole Foods cashier can scan at checkout. Alternately, they can opt in to use their phone number at checkout, if preferred.

These in-store savings are not the only way Amazon has been tying Whole Foods to its larger business. Eligible Prime members also receive 5% back on Whole Foods purchases when using the Amazon Prime Visa card.

Amazon has fired another shot across the supermarket industry's bow.

The 28 Whole Foods locations in the Sunshine State are rolling out Prime discounts on Wednesday.

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