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Amazon Just Made Shopping at Whole Foods Cheaper (businessinsider.com)

Posted by msmash on from the amazonization dept.

Whole Foods just got less expensive. From a report: On Monday, the day that Amazon's $13.7 billion acquisition of the grocer went through, prices on certain Whole Foods items immediately dropped. On Friday, Business Insider visited a Whole Foods location in the Gowanus neighborhood of Brooklyn, New York, and checked the prices on 15 items (including a few variations on similar items) mentioned by the companies. The total cost of the basket on Friday -- pre-acquisition -- was $97.76. On Monday, we returned to the Gowanus Whole Foods and checked back in on the same items. This time, the total cost of the 15 items was $75.85. That's a nearly 23% drop in the total cost. Whole Trade Banana: 30 cents (Price dropped to $0.49 a pound from $0.79). Lean Ground Beef: $2 (Price dropped to $4.99 a pound from $6.99). Local Grass-Fed 85% Lean Ground Beef: $4 (Price dropped to $6.99 a pound from $10.99). Four-pack of Organic Avocado: $0 (Price stayed at $6.99 for a pack of four). Hass Avocados: $1.01 (Price dropped to $1.49 each from $2.50) for instance.

4 of 248 comments (clear)

  1. Re:What kind of strategy is this? by Anonymous Coward · · Score: 4, Informative

    I understand that Amazon hasn't been profitable for a while. Why would a company with such an ugly statistic slash prices this much? I do not get it!

    Given how utterly fucked up your entire premise is, I bet there are a LOT of things you "do not get", mostly related to reality.

  2. Re:What kind of strategy is this? by Binestar · · Score: 2, Informative

    Your understanding of Amazon is poor. https://www.recode.net/2017/4/...

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    Do you Gentoo!?
  3. Re:That's impressive by Oswald+McWeany · · Score: 3, Informative

    I was just thinking I bought a 6lb pack of 90/10 ground beef at Sams for less than $3.30 a pound, so I fail to see the value in these incredible savings.

    Sams meat tends to be artificially lower than what you're really getting. I found that meat from Sams tends to shrink dramatically when you cook it because it is pumped full of water. Some of that $3.30 per pound your paying goes to nothing but water.

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    "That's the way to do it" - Punch
  4. Re:becomes K-Mart by JohnFen · · Score: 3, Informative

    I eat them because they're delicious.

    However, it's pretty hard to find good ones. Avocados are everywhere. Avocados that are worth eating are harder to find when they're in season, and impossible to find out of season.