In the days before Amazon’s highly-anticipated August 28 takeover of Whole Foods, Amazon promised significant and immediate price cuts, and as previously reported, the company delivered (Amazon slashes prices at Whole Foods…). Two weeks later, Foursquare Labs, Inc. reported that Whole Foods experienced a 25% traffic bump nationally in the first two days after the takeover.
Stay tuned for more reports on Amazon’s affect on Whole Foods and the overall food retail market.