CEO says Amazon merger saved Whole Foods
October 5, 2020
John Mackey, co-founder and CEO of Whole Foods Market, said his company was in danger after JANA Partners, a hedge fund, took an 8.8 percent share and began lobbying shareholders to sell the grocery chain. When Amazon.com came along, it was “love at first sight,” according to Mr. Mackey.
Recent News
Best and Fastest-Selling New Cars in 2024 Ranked
In a recent study by iSeeCars, Toyota emerged as the fastest-selling new car brand from October 2023 to March 2024.
Honda Invests $11 Billion in Canadian EV Hub
Honda Motor, in partnership with undisclosed joint venture collaborators, has announced an $11 billion investment in Ontario, Canada, to establish a robust electric vehicle infrastructure.
Young Affluent Consumers Embrace Luxury Sleep Brands
A rising trend among young affluent consumers is the integration of luxury sleep brands.
Aramark Workers Strike Again at Wells Fargo Center
Aramark workers at the Wells Fargo Center have gone on strike to demand better wages and health care benefits.