E-commerce

Under Amazon, what does the future hold for Whole Foods’ 365 brand stores?

Prior to its sale to Amazon, Whole Foods Market envisioned its own innovation through the launch of a new store concept. Named after the grocer’s private label brand, 365 by Whole Foods Market was promoted as a smaller, more value-driven option that...

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Austin’s Jonathan Coon - founder of 1-800 CONTACTS -- wants you comparison shopping with Wikibuy

In 1992, Jonathan Coon started a company out of his Brigham Young University dorm room. He says he was trying, like all entrepreneurs, to solve a problem. “I was a poor college student and contact lenses were expensive,” he said. “They took a week...

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Walter Robb was Whole Foods' co-CEO. He thinks the Amazon deal was right.

Walter Robb says it’s clear Amazon was the best option for Whole Foods Market’s future.  The former Whole Foods co-CEO, now an investor in other food companies, said leaders at the grocer made the best possible decision in selling the company to...

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After Amazon names Austin among finalists for second headquarters, what’s next? 

Online retail giant Amazon.com confirmed Thursday what many economists and business analysts have predicted for months: Austin remains in the running for one of the richest economic development deals in U.S. history. Riding its hipster vibe and high-tech...

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Wells Fargo customers find accounts drained by mistaken double charges

Some Wells Fargo customers found their bank accounts drained to zero Wednesday when some sort of glitch caused their online bill payments to be processed twice. Numerous customers -- so many that Wells Fargo’s customer service phone lines were jammed...

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Open Source

Whole Foods products boosted Amazon's online grocery sales last year, report finds

Amazon’s purchase of Austin-based Whole Foods Market last year is already bolstering the online retailer’s sale of groceries, according to a new report.  Sales of Whole Foods’ store brand, called 365 Everyday Value, helped sales on Amazon’s line of...

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Open Source

Report: Prices at Whole Foods edge back up a bit

Since its acquisition of Whole Foods Market in August, Amazon has twice promoted lowering prices of some items at the Austin-based grocer. But those price cuts, which have included items such as avocados, beverages, eggs and turkeys, have not led...

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After Amazon-Whole Foods merger, grocery delivery companies adapt to industry’s new reality

On June 16, the day Amazon announced it would acquire Austin-based Whole Foods Market, Instacart CEO Apoorva Mehta called a company-wide meeting from Instacart’s headquarters in San Francisco.  Mehta wanted employees to know it was not time to panic...

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Amazon built a significant presence in Central Texas long before HQ2 frenzy

If the Austin area does somehow beat out more than 200 competitors and land Amazon’s $5 billion, 50,000-employee second headquarters project , the facility would just be the latest addition to an already significant presence Amazon has established...

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New rankings: Austin not among top 25 contenders for Amazon HQ2

Not everyone seems to be sold on Austin as a contender for Amazon’s second headquarters. After Amazon announced plans in September to build its $5 billion Amazon HQ2, market analysts, economists and publications were quick to name Austin as a top...

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