Now that Amazon has acquired Whole Foods, people are wondering what changes are afoot for the grocery chain. At today’s earnings call, CFO Brian Olsavsky said we should expect more cheaper products. The main focus for Whole Foods, he said, “has been to lower prices.” He added that while some Whole Foods locations saw price reductions last year, Amazon wants to add more locations to that list.
Who knows? Maybe 2018 will make Whole Foods less of a whole paycheck!