Ever so true are the immortal lyrics of the Mama’s and Papa’s song “Monday, Monday, so good to me, Monday, Monday it was all I hoped it would be”… And exactly why is a Monday so good, because at long last the sale of Whole Foods to Amazon will be complete which will translate into lower prices!
Whole Foods has long been a top grocery destination for shoppers eager to spend unnecessarily large amounts of money on food that makes them feel superior to others. However that is all about to change as Amazon is cutting the prices of bananas, butter, organic eggs, and other best-selling staples at Whole Foods’ 470 stores, promising customers lower costs and targeting the grocer’s “Whole Paycheck” nickname. The online giant also says its Amazon Prime members will get special prices and perks.
New prices will take effect on Monday — the same day Amazon says it will finalize its $13.7 billion acquisition of Whole Foods. The online marketplace, famous for disrupting the book industry and other retail segments, also laid out its plans for combining its business with an established brick-and-mortar chain.