In this file:

 

·         Report claims Whole Foods is raising some prices

Overall prices have dropped by 1 percent

 

·         Amazon has replaced Google as the company others are most worried about

It’s the new corporate boogeyman.

 

·         Amazon's grocery grab squeezes debt-laden supermarket chains

… the shakeout in the American grocery aisle keeps getting uglier…

 

·         Amazon Is Ready for the Next Generation Consumer: Your Teen

If giving your teen free rein to shop on Amazon sounds like your worst nightmare, we've got bad news for you. It's officially here…

 

 

Report claims Whole Foods is raising some prices

Overall prices have dropped by 1 percent

 

John Matarese, ABC 15 Arizona

Oct 11, 2017

 

Amazon's takeover of Whole Foods back in August sent shivers through the grocery industry.

 

Whole Foods announced price cuts on roughly a dozen items, with more to come. Analysts started predicting big price wars with established grocery chains like Kroger, Publix and Safeway.

 

But that is not happening yet, according to a new price investigation.

 

Selectively lowering prices

 

Eileen Wicks, like a lot of Whole Foods shoppers, loves the chain's recent price cuts. She has seen those big orange signs showing off new lower prices under Amazon's ownership.

 

"Yeah, I think they have lowered some prices, absolutely," Wicks said, outside a Whole Foods store. "There's a few things, the milk I saw I was cheaper. The little sodas I bought were cheaper, they are usually $0.99 each but now they are $0.79."

 

But a new investigation by research firm Gordon Haskett, reported by the Washington Post, raises questions about the price cuts, and suggests some prices may have quietly gone up.

 

Whole Foods got pages of good publicity when they lowered prices...

 

Some prices go up ...

 

more

http://www.abc15.com/money/consumer/dont-waste-your-money/report-claims-whole-foods-is-raising-some-prices

 

 

Amazon has replaced Google as the company others are most worried about

It’s the new corporate boogeyman.

 

by Rani Molla, Recode

Oct 11, 2017

 

Amazon and Google occupy a huge portion of the corporate psyche.

 

Both have long elicited fear, admiration and inspiration as evidenced by the frequency with which both companies are cited on conference calls across industries.

 

But Amazon has replaced Google as the corporate boogeyman. Amazon was mentioned 2,090 times this year on publicly available corporate conference calls (including earnings calls, shareholder meetings, and guidance calls), up 11 percent from last year, according to an analysis of FactSet data, which goes through Oct. 11, 2017. Google (or Alphabet) was mentioned in about 1,500 company conference calls, down 19 percent from 2016.

 

These companies are on everyone’s lips because it can seem like both have their hands in everything.

 

Amazon isn’t just an online retailer but also a media company and a brick-and-mortar grocery store...

 

more, including links

https://www.recode.net/2017/10/11/16458490/amazon-google-alphabet-corporate-conference-call

 

 

Amazon's grocery grab squeezes debt-laden supermarket chains

 

By Jodi Xu Klein, Craig Giammona and Eliza Ronalds-Hannon • Bloomberg

via St. Louis Post-Dispatch - Oct 11, 2017

 

Just over a month after Amazon.com ate Whole Foods, the shakeout in the American grocery aisle keeps getting uglier.

 

The latest sign of trouble: Private-equity giant Apollo Global Management recently tossed a $50 million lifeline to Fresh Market, the struggling high-end chain it took private only 17 months ago.

 

It will only get worse from here, analysts say. Under Amazon, Whole Foods has been cutting prices of marquee products including organic kale and avocados — a harbinger of the price wars to come. Among the most vulnerable are small regional chains that were facing fierce competition even before Amazon showed up.

 

"The amount of pressure the Amazon and Whole Foods deal puts on the grocery sector is going to be very significant, and the full ramifications will only be seen over time," said Antony Karabus, chief executive officer at HRC Retail Advisory, a retail turnaround and performance-improvement consulting firm.

 

That's because Amazon founder Jeff Bezos has never really cared much about profit margins, while old-school grocery stores live or die by them. Expect Amazon to keep squeezing and squeezing.

 

Fresh Market — the chain that opened a store in Creve Coeur in 2015 and closed it in 2016 — looks like a case study in the troubled economics of the grocery business. When Apollo bought the chain, for about $1.4 billion, the private-equity firm was coming off successes in the industry. Apollo made about $2 billion turning around Sprouts Farmers Market, and before that, made a profit on its stake in Smart & Final Stores Inc., a warehouse grocery chain.

 

That was then. Nowadays the business confronts the deepest round of food-price deflation in 60 years. Low prices are great for consumers — but bad for grocers. Nationwide, food prices rose in July for the first time in 19 months, according to the U.S. Department of Agriculture, but the increase, of just 0.3 percent, is hardly enough to make up lost ground.

 

Adding to the pressure, Kroger Co. and Wal-Mart Stores, two of the largest sellers of groceries in the U.S., are trying to keep prices low to fend off German discounters Aldi and Lidl. Kroger said Wednesday it's considering the sale of its convenience-store business to capitalize on a merger wave in that field...

 

more

http://www.stltoday.com/business/local/amazon-s-grocery-grab-squeezes-debt-laden-supermarket-chains/article_24a906cc-37ed-5f2a-ba06-09f80c990663.html

 

 

Amazon Is Ready for the Next Generation Consumer: Your Teen

 

by Alyssa Newcomb, NBC News

Oct 11 2017

 

If giving your teen free rein to shop on Amazon sounds like your worst nightmare, we've got bad news for you. It's officially here.

 

Amazon introduced a new feature on Wednesday that allows parents to create accounts for their children ages 13 to 17. The teens will have separate logins but will be tied to the master account.

 

Of course, the team at Amazon knew giving a teen carte blanche to spend mom and dad's money probably wouldn't be a popular choice for parents, so they've added a set of parental controls.

 

"What we're looking at is balancing independence for teens and convenience and trust with parents," Michael Carr, vice president of Amazon Household, told NBC News.

 

It's just the latest move in Amazon's play to draw the whole family into the company's ecosystem of products and services.

 

Already, when mom and dad aren't home to help with study time, kids can turn to Alexa for help with homework. Amazon also makes a kid-friendly version of its Fire Tablet, letting even the youngest members of the family experience its products.

 

With this new Amazon service, parents can add up to four teens to their account for free and set the payment methods and shipping addresses. After their teens are done filling their cart, parents will receive a quick text asking for approval. Parents can also choose to skip the approval step and instead set spending limits. If a parent has Amazon Prime, those benefits will also be extended to the teen shopper.

 

Patrick Moorhead, principal analyst at Moor Insights & Strategy, said...

 

more

https://www.nbcnews.com/tech/tech-news/amazon-ready-next-generation-consumer-your-teen-n809631