In my 5 things I need to know over my morning cup of coffee from CNN
I'm not sure I NEED to know this, but okay...
5. Whole Foods
Amazon will officially be running Whole Foods on Monday, and the first thing the Internet behemoth will do is cut prices at the stores. It could mean less silliness, like the $6-a-bottle "asparagus water" that turned up in a California store a couple years ago. While customers and other critics of the chain's high prices will be happy, regular old supermarkets won't be. They're already battling Walmart and Target for market share, so the prospect of now having to take on an Amazon-fortified Whole Foods is absolutely frightening for them.
I'm not sure I NEED to know this, but okay...
5. Whole Foods
Amazon will officially be running Whole Foods on Monday, and the first thing the Internet behemoth will do is cut prices at the stores. It could mean less silliness, like the $6-a-bottle "asparagus water" that turned up in a California store a couple years ago. While customers and other critics of the chain's high prices will be happy, regular old supermarkets won't be. They're already battling Walmart and Target for market share, so the prospect of now having to take on an Amazon-fortified Whole Foods is absolutely frightening for them.