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Amazon and Whole Foods, a year later Amazon announced its $13.7 billion acquisition of Whole Foods a year ago on June 16, 2017, causing many to reevaluate the future of the grocery industry.
The idea of Amazon's technology and pricing capabilities, combined with Whole Foods' reputation for quality products, made many believe that the e-commerce titan would soon rule online and in-store grocery.
This ascension has not yet come to pass, as questions about the grocer's quality have popped up following the acquisition, and Whole Foods CEO John Mackey recently said during a company-wide meeting that he's had several disagreements with Amazon as the companies integrate.
It isn't all doom and gloom, however, as Mackey also said that it's been a great year, with sales increasing faster than he expected.
Business Insider's Daniel Keyes has the full story. | |
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| | | The healthcare industry is facing disruption from accelerating tech innovation and growing demand for improved delivery of healthcare and lower costs. Startups are seizing opportunities in the areas most ripe for disruption, including genomics, pharmaceuticals, administration, clinical operations, and insurance. A new report from Business Insider Intelligence looks at the top startups disrupting healthcare in four key areas: artificial intelligence, digital therapeutics, health insurance, and genomics — selected based on funding they've received over the past year, notable investors, products they offer, and leadership. Learn More → | | | | |
| | | The concept of a brand hiring a popular personality to promote a product or service isn't new, and brands know that celebrity endorsements can sell products. In this report, BI Intelligence identifies the ways brands can find and manage relationships with social media influencers. We note the most engaging industry verticals, the pitfalls to avoid, and the opportunities to cash-in on. Finally, we explore how major social platforms are increasingly building out tools that enable their most popular users to build their personal brands. Learn More → | | | | |
| | | In this report, Business Insider Intelligence details how unmanned aircraft are disrupting a slew of different industries, including agriculture, construction and mining, insurance, media and telecommunications, and the public sector. We also size the market for global enterprise drone shipments, and pinpoint the features that make drones useful tools within different industries. Lastly, we make predictions for how drone use in these industries will evolve over the next five to 10 years and to what extent their impact will be magnified over this period. Learn More → | | | | |
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| | | The deal will only net Google an approximately 1% share of the Chinese e-commerce company, but it will also see the two work together, leveraging the logistics capabilities of JD.com and Google's technological expertise. Read More → | | | | |
| | | Enterprise Holdings, which owns Enterprise Rent-A-Car and is the largest rental car service operator in the US by revenue, signed an agreement with self-driving technology startup Voyage to manage its fleet of autonomous cars. Read More → | | | | |
| | | The acquisition will give PayPal merchants access to Hyperwallet's solution, including multicurrency payment distribution capabilities in more than 200 markets. Read More → | | | | |
| | | Facebook on Tuesday announced a slew of new tools to help creators monetize viewers on the platform. Read More → | | | | |
| | | Prime Wardrobe, Amazon's try-before-you-buy (TBYB) program that it's been testing for the past year, is now available to all US Prime subscribers. Read More → | | | | |
| | | CVS Health is leveraging the rapidly growing electronic prescription market as it works to keep pace with Amazon — which introduced an exclusive line of over-the-counter medications in August 2017. Read More → | | | | |
| | | Consumer packaged goods (CPG) giant Unilever, which owns brands like Dove and Axe, advocated for greater transparency within the influencer marketing realm at the Cannes ad festival on Monday. Read More → | | | | |
| | | Last week, Verizon and Nokia fulfilled two industry firsts on the path to 5G commercialization: completing the world's first outdoor test under new international wireless standards and using multicarrier aggregation to hit throughput speeds up to 1.8 Gbps. Read More → | | | | |
| | | Google's rolling out Android Messages for the web, enabling Android users to send and receive messages from their computer through the web app. Read More → | | | | |
| | | The Supreme Court has overruled a 1992 decision that prevented states from requiring businesses to collect sales taxes if they didn't have a physical presence in the state. Read More → | | | | |
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UPS and FedEx are crushing USPS when it comes to customer service |  | |
Intelligent assistants could help banks ramp up engagement |  | |
Voice-controlled devices are on track to become a permanent fixture in many US households |  | |
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