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AMAZON'S PURCHASE OF Whole Foods has prompted a new aggressive pricing strategy, with stores lowering prices as much as 43 percent. /BLOOMBERG FILE PHOTO/MARK KAUZLARICH

Amazon cuts Whole Foods prices as much as 43% on first...

NEW YORK - Inc. spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as...
AMAZON WILL BEGIN slashing prices on a broad cross section of Whole Foods groceries Monday. / BLOOMBERG FILE PHOTO/TY WRIGHT

Amazon to cut prices at Whole Foods as acquisition closes

NEW YORK - Inc. is wasting no time bringing its reputation for undercutting competitors to the grocery business through newly acquired Whole Foods...
ORGANIC HEALTH: Kimberly Cornwell, owner and founder of Celadon Road Inc., an organic health and products company that sells mostly online, holds the refill size of her lavender laundry detergent, which has all-natural ingredients. / PBN PHOTO/MICHAEL SALERNO

Local warehouse space in short supply with rise of e-commerce

As e-commerce continues to transform the retail industry, the demand for dependable, affordable storage space is on the rise in the United States. The trend...
AN EMPLOYEE STOCKS the shelves with fresh peppers in the produce section of a Whole Foods Market Inc. store in Dublin, Ohio, U.S., on Friday, Nov. 7, 2014. Whole Foods Market Inc. posted fiscal fourth-quarter profit that topped analysts' estimates as the grocery-store chain slashed prices to win over bargain-hunting shoppers. The shares soared the most in four years. BLOOMBERG FILE PHOTO/ TY WRIGHT

Amazon to acquire Whole Foods in $13.7B bet on groceries

Updated at 10:22 a.m. NEW YORK - Inc. will acquire  Whole Foods Market Inc. for $13.7 billion, a bombshell of a deal that catapults the...
AMAZON IS REPORTEDLY EXPLORING an entrance into the pharmacy business. / BLOOMBERG

Amazon’s long shadow falls on the pharmacy business

NEW YORK - It's hard to think of an industry Inc. isn't currently trying to conquer, or at least thinking of conquering. Pharmacies...
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