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No checkout needed: Amazon opens cashier-less grocery store
NEW YORK — Amazon is aiming to kill the supermarket checkout line. The online retailing giant is opening its first cashier-less supermarket, the latest sign that Amazon is serious about shaking up the $800 billion grocery industry. At the new store, opening Tuesday in Seattle, shoppers can grab milk or eggs and walk out without […]
Amazon ups wages for 350K, says it will advocate better pay
Amazon, which has faced political and economic pressure to raise pay for thousands of employees, is boosting its minimum wage for all U.S. workers to $15 per hour starting next month.
The world is changing for Maryland’s 10 Whole Foods stores
Amazon’s announcement Friday that it will purchase grocery giant Whole Foods for over $13 billion puts the fate of the company’s 10 Maryland stores in the hands of a company known for disrupting and transforming other industries it’s entered. Of the 10 stores in Maryland, five are in Montgomery County, two are in Baltimore City, and […]
Amazon to buy Whole Foods in $13.7B bet on groceries
Amazon.com Inc. will acquire Whole Foods Market Inc., which has 10 stores in Maryland, in a $13.7 billion deal, marking the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries. Amazon will pay $42 a share in cash for the organic-food chain, the companies said on Friday. Amazon’s biggest acquisition to […]
Whole Foods to close Md. regional kitchen; 136 workers’ jobs to end
Whole Foods says it’s closing a regional kitchen in Landover, and two other regional kitchens that made prepared foods that are sold in its stores, and will instead rely on suppliers. Robin Kelly, a Whole Foods spokeswoman, says the closures of the company’s three remaining commissaries are part of an effort to streamline the production of […]
Whole Foods fires Md., Va., DC store managers over bonus manipulation
McLEAN, Va. — Whole Foods supermarkets says it has fired nine store managers in the mid-Atlantic region for manipulating a bonus program to their benefit. Brooke Buchanan, a spokeswoman for Austin, Texas-based Whole Foods Market Inc., said they were dismissed in recent weeks after a company-wide investigation. The store found that nine managers at stores […]
Md. video firm’s documentary focuses on conscience in capitalism
A Maryland nonfiction video streaming service is premiering a new documentary about companies operating in a conscientious way without sacrificing profits. Silver Spring-based CuriosityStream LLC’s newest film, “Conscious Capitalism,” examines the operations of two companies: Waste Management, which protects the environment while also generating $13 billion in revenue, and Whole [...]
Counties need not disclose private commercial leases, Md. court says
Counties need not publicly disclose under the Maryland Public Information Act the contents of commercial leases that private parties voluntarily submit to them, Maryland’s second-highest court has ruled.
Analysis: Homeowners better off near Trader Joe’s
You’re better off property value-wise living near a Trader Joe’s than Whole Foods. According to data from RealtyTrac, homes near Trader Joe’s have a 40 percent increase in value since being purchased while homes in the vicinity of Whole Foods have experienced a 34 percent increase.
Slip of the tongue reveals possible Whole Foods site
Developer accidentally reveals possible Whole Foods site during a meeting with Baltimore's architecture review panel.
Safeway adopts poison pill after big stock buys
NEW YORK — Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an unknown investor. The announcement Tuesday sent shares of the grocer spiking 8 percent to a five-year high. So-called “poison pill” plans allow existing shareholders to acquire more stock at a discounted rate […]
Price, quality, divide market share for grocery stores
At one time, grocery shoppers made their purchasing decisions based solely on whichever supermarket offered the best value.
