Whole Foods may be pricier than your average grocery store, but many people feel it’s worth the extra money. The store is full of organic, natural food, such as fresh produce, fancy health snacks, and a large selection of ready-made foods that make for a great lunch. Plus, the fact that they are now owned by Amazon, and that Amazon Prime users can get 10 percent off their purchase, definitely isn’t a bad thing! (Because, really, who isn’t an Amazon Prime member at this point?)
People can make fun of Whole Foods all they want — and they definitely do — but at the end of the day, it’s a pretty solid grocery store that has the advantage of having a huge selection of healthy foods.
Like any other big company out there, Whole Foods has had their fair share of controversies and scandals, like when they decided to partner with Yellow Fever eatery, an Asian restaurant with what many feel is a racist name.
It was literally water with three stalks of asparagus in it, going for $6. While their latest stint isn’t quite as attention-grabbing, we still feel like it needs to be talked about.
Whole Foods 365 only had 12 locations, and weren’t quite as well-known as the regular Whole Foods.
According to Business Insider, the 365 stores focused more on prepared foods, and they were cheaper to build and operate.
Yahoo Finance says that before the Amazon deal, CEO John Mackey told investors they had 22 stores under development — only nine have opened since then.
Mackey says that they wanted to move away from the cheaper stores because of the price drop at the regular Whole Foods stores. Basically, it sounds like they just don’t want to offer a cheaper store when they’ve already made other products less expensive.
In an internal email reviewed by Business Insider, Mackey wrote,
Hopefully this means that prices at Whole Foods will get lower, meaning the 365 stores just aren’t necessary. Phil Lempert, a grocery industry analyst at Supermarket Guru, told Yahoo Finance, “Amazon is focused on making Whole Foods for the general population not just an upscale more healthy minded population.”
Don’t worry, it doesn’t seem to be going anywhere.
Amazon has dropped Whole Foods 365, a discount version of the retailer. As an organic & premium grocer, Whole Foods targets an affluent & urban demographic. I am confused by Amazon's strategy in the first place. Wondering what #marketresearch led to that decision #SSB5200G https://t.co/YvvrcBWKM5
— Marketing2019 (@MKTG2019) February 27, 2019
Some are just confused.
I had never even heard of a store called 365??? I had to read the whole article to understand!
— ...andthen (@mariekejoneil) February 26, 2019
If not, the decision is just unfair to customers.
ugh. So long as Whole Foods continues the trend towards lower prices I might allow it, but I’ll def miss 365.
— mitch™ (@mitchdotcom) February 26, 2019
We hope this means they’ll continue lowering prices at their regular stores, but only time will tell.
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