Amazon Wastes No Time in Cutting Whole Food Prices

Amazon, now the owner of Whole Foods, has cut prices on key organic products by up to 43%. This move has surprised the grocery industry, causing a global drop in grocery store stocks. The price cuts intensify the ongoing grocery price wars, especially in the organic sector, challenging competitors like Aldi and Lidl. Amazon's strategy aligns with its reputation for aggressive pricing.

What percentage reduction did Amazon apply to certain Whole Foods staples?

• 60%

• 50%

• 43%

• 25%

What was the global reaction in grocery store stocks to Amazon's price cuts?

• Stocks remained stable

• Stocks decreased

• Stocks increased

• Stocks were unaffected

Which new entrants in the US grocery market are mentioned as part of the price wars?

• Trader Joe's and Safeway

• Costco and Sam's Club

• Walmart and Target

• Aldi and Lidl

How does Amazon's strategy in the grocery sector align with its overall business approach?

• Implement aggressive pricing

• Avoid competition

• Focus on luxury products

• Emphasize high prices

What is the typical pricing strategy for organic products before Amazon's intervention?

• Same as non-organic

• Cheaper than non-organic

• More expensive than non-organic

• Free with purchase