Whole Foods Prices On the Rise
When Amazon acquired Whole Foods, one of the first orders of business was reducing the grocery retailer’s prices in order to change consumer perception of the brand (healthy but pricey). Now, due to pressure from producers, Amazon has been forced to raise prices at Whole Foods. Similar price increases have been announced by Proctor & Gamble and other major suppliers, meaning that consumers can expect more expensive goods across the board.
Price increases always have a negative....