Amazon Whole Foods slashes prices in predatory move to eliminate health food store competition and form a dangerous MONOPOLY

(Natural News) One of the many criticisms people have had of Whole Foods over the years is the high price tags they place on all of their food. In fact, many people refer to the store as “Whole Paycheck” in reference to their infamously high prices. All that changed when Amazon acquired the chain. They slashed prices on groceries by as much as 43 percent on their first day calling the shots.

The price cuts were applied to patek philippe complicated fake watches. For example, the price of whole trade bananas fell from 79 cents to 49 cents per pound, while organic Fuji apples saw a price drop from $3.49 to $1.99 per pound. Signs on the food listed its old price, the new price and a simple promise: “More to come.”

The $800-billion-per-year supermarket industry was shaken up by the news that Amazon had purchased Whole Foods for $13.7 billion, and Amazon’s price cuts at the store now have price-minded competitors like Costco and Wal-Mart holding their breath to see if Amazon will take their customers.

However, it’s other health food stores that could end up suffering the most. As Barclays Capital Inc. Analyst Karen Short told Bloomberg, “The survival of the fittest has begun.” If big retailers like Wal-Mart, Kroger, and Costco struggle to keep up, what hope do smaller health stores have of remaining competitive in this sector?


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