GFM Network News


Amazon reported planning to expand Whole Foods chain

Reuters — Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, the Wall Street Journal reported on Sunday, citing sources. Whole Foods employees have visited regions of western North America for potential retail spaces in parts of Idaho, southern Utah

Opinion: Amazon and Whole Foods – one year later

The blockbuster deal has forced domestic grocery giants to adapt quickly

One after the other, grocers are going virtual. All of them, at some point over the last 12 months, have announced some sort of commitment to an e-commerce strategy. Costco launched its home delivery pilot in Ontario, while Maxi’s, Loblaw’s discount stores in Quebec, were the latest to jump on the virtual bandwagon with their


Amazon and the slow death of the traditional grocery store

The Amazon effect means consumers will have greater choice and convenience – from their homes

The bricks-and-mortar food retailing model is losing its lustre in Canada. The signs are everywhere. Loblaws is the latest grocer to commit to home delivery. Starting in December, Canada’s leading food retailer has an ambitious plan to deliver food for a fee from coast to coast. The company has spent millions to make many of




U.S. FTC clears Amazon acquisition of Whole Foods

Washington | Reuters — The U.S. Federal Trade Commission said on Wednesday it has cleared Amazon.com’s planned US$13.7 billion acquisition of Whole Foods Market. The FTC said in a statement that it had reviewed whether the deal would substantially lessen competition or constituted an unfair method of competition and opted not to pursue its investigation

Whole Foods CEO hints at another brand under Amazon

Reuters — After Amazon.com completes its takeover of high-end grocer Whole Foods Market, it might launch another brand with different standards, the grocery chain’s chief executive said in remarks reported in a securities filing on Monday. Amazon plans to keep the natural grocer’s high standards, Whole Foods CEO John Mackey said, adding, “They’re not stupid

Amazon moves into real-world stores with Whole Foods deal

Reuters — Amazon.com said Friday it would buy grocer Whole Foods Market for US$13.7 billion in a move that gives the online retailer a physical network of stores to distribute fresh food and other goods to millennials and wealthy consumers. Amazon, which is known for squeezing suppliers and has been experimenting with its own outlets,


New Whole Foods chain 365 faces tough mission

Los Angeles | Reuters — Whole Foods Market’s 365 grocery chain offers lower prices and more technology than the company’s namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its parent. 365, which debuted on Wednesday with a bright and airy store in Los Angeles’ Silver Lake