Amazon Says Whole Foods Deal Will Close Monday, With Discounts to Begin That Day - NBC 7 San Diego

Amazon Says Whole Foods Deal Will Close Monday, With Discounts to Begin That Day

Amazon promised "more to come" in its announcement Thursday

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    NEWSLETTERS

    A month after a changes to the board at Whole Foods, Amazon announced its plan to buy the grocer for $13.7 billion. (Published Friday, June 16, 2017)

    Amazon announced Thursday that its $13.7 billion acquisition of Whole Foods will close on Monday, CNBC reported.

    As the two companies work to integrate their business, all customers will immediately see "lower prices on a selection of best-selling staples across [Whole Foods] stores."

    And Amazon promises "more to come," as the internet giant begins to integrate Prime into the Whole Foods ecosystem. Eventually, Prime members will receive "special savings and in-store benefits."

    Amazon didn't disclose how long that would take, but said it would first need to integrate Amazon Prime into the Whole Foods point-of-sale system. Once complete, the offers will begin and eventually Prime will become Whole Foods' customer rewards program.

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