By now, you’ve heard the news: Amazon plans to buy Whole Foods for $13.7 billion. The jokes have been made, the dust has settled, and now a big question remains: what will this mean for your groceries?
It’s too soon to say what Amazon officially plans to do with Whole Foods, but rumors have been circling and experts have a few predictions. For one, it’s likely that Whole Foods will actually drop its notoriously high prices.
Believe it or not, Whole Foods has already been testing price reductions on certain products due to competition from Walmart and Trader Joe’s. This could be good news even if you don’t shop at Whole Foods. Analysts say other grocery stores will probably lower their prices and improve their loyalty programs to keep up with the acquisition. CNBCThe post What the Amazon-Whole Foods Deal Means for Your Grocery Bill appeared first on FeedBox.