Amazon's price cuts at Whole Foods are 'more bark than bite,' says analyst

Amazon's price cuts at Whole Foods are 'more bark than bite,' says analyst

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/08/29/amazon-whole-foods-price-cuts-more-bark-than-bite.html

Amazon made steep discounts — by as much as 43% – at Whole Foods on Monday, sending shockwaves across the grocery retail space.

But a closer look at a broader set of products suggest the discounts are still modest, according to Gordon Haskett analyst Charles Grom.

Amazon's price cuts at Whole Foods are 'more bark than bite,' says analyst

Aug 29, 2017, 10:12pm UTC
https://www.cnbc.com/2017/08/29/amazon-whole-foods-price-cuts-more-bark-than-bite.html >Amazon made steep discounts — by as much as 43% – at Whole Foods on Monday, sending shockwaves across the grocery retail space. >But a closer look at a broader set of products suggest the discounts are still modest, according to Gordon Haskett analyst Charles Grom.