'Truly love at first sight': How Amazon wooed Whole Foods
Whole Foods' 63-year-old CEO says he was set up with Amazon on a "blind date" about six weeks ago and fell in love after conversing for hours.
Whole Foods' 63-year-old CEO says he was set up with Amazon on a "blind date" about six weeks ago and fell in love after conversing for hours.
Retailer OrotonGroup says it has received expressions of interest that could involve a sale of the company and plans to begin a formal process to explore its options.
In corporate Australia where there are just a handful of female CEOs on the ASX 200, and 13 of the nation's largest boards still without any women on it, male chiefs need to push women to climb the corporate ladder.
Online retailer Amazon snapping up the American grocery chain Whole Foods put a chill through Australian supermarkets.
KFC Australia will trial home delivery next month, as the chicken frying giant tries to keep pace with the rapidly changing fast food market.
By 2030, two out of every three dollars earned in Australia will accrue to those who reached adulthood in the digital age.
The dramatic deal confirmed what had long been feared: Amazon was going on the offensive on the turf of traditional supermarkets.
Australia's biggest retailers have increased advertising by 10 per cent and are tipped to splash even more cash in the second half as online marketplace Amazon ramps up its expansion.
Billionaire retailer Gerry Harvey says market has overestimated how quickly Amazon will get land in Australia and start delivering quickly.
Amazon.com will acquire Whole Foods Market in a $US13.7 billion ($18 billion) deal, marking the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.
Shares in a2 Milk surge after it lifts its full-year sales guidance for the second time in two months.
Investors have jumped into the infant formula company Bellamy's after it emerged from a two-day trading halt.
ALDI Australia has signed up to the federal government's voluntary Tax Transparency Code, which will require the retail giant to give taxpayers some level of disclosure about its highly secretive tax affairs.
SumoSalad threatens to move out of Westfield shopping centres if it doesn't get a significant rent cut.
Population growth, strong food sales and more competition to drive extra sales at the checkout, Deloitte Access Economics predicts.
David Jones has struck again in the ongoing store wars, snatching contemporary international label Self Portrait from rival Myer.
It's been a bad week for Wesfarmers, but good news for its shelf-stackers and shoppers.
Coca-Cola is making its sugar-free options clearer as sugar is declared the new "dietary villain".
Supermarket giant concedes for first time it has underpaid much of its workforce in a cosy deal.
The spectre of a supermarket price discounting war is a customer's dream and a shareholder's nightmare.
Supermarket giant says food and grocery prices are 'crazy' compared to the rest of the world.
Company behind Brumby's Bakery, Donut King, Michel's Patisserie and Crust Pizza slams analysis as "premature, precipitous and, with respect, an exercise in speculative guesswork."
Aldi faces claims of wage theft and breaking the law, but the retail giant said its work arrangements are "lawful and suitable".
Online retailer CatchOfTheDay has rebranded itself Catch and relaunched as a marketplace for other sellers in a move that puts it in direct competition with US giant Amazon.
Investors in Retail Food Group headed for the exits on Monday due to concerns about upcoming accounting changes.
Just after 8 am, a woman descends from the ceiling at the Bud Walton Arena, 30 miles from Walmart's headquarters.
The country's dominant hardware chain faces three big challenges.
The idea is to cut costs on the expensive 'last-mile of deliveries', when packages are driven to customers' homes.
Amazon poses a bigger threat to Wesfarmers' discount department stores, Kmart and Target, than to specialty retailers such as JB Hi-Fi, investment bank Morgan Stanley has warned.
Cocoa prices have soared amid signs of tighter supplies, raising prospects that chocolate costs will climb.
When you start a business, you have grand dreams of taking it to the summit of its industry. You want it to be the Amazon, Google, or Facebook of its generation.
Terrifying home invasions have become nightly news fodder, but for some savvy entrepreneurs these crimes have shined a light on gaps in the security market.
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