Amazon’s Whole Foods loses out in lockdown-driven boom
The pandemic has changed the shopping experience of formerly loyal customers
07 October 2020 - 16:21
Seattle — With millions of Americans still sheltering in place and cooking their own meals, the grocery industry has been one of the few bright spots in an otherwise battered US economy. Unless, that is, you are Whole Foods Market, the upmarket chain acquired three years ago by Amazon.
Trips to Whole Foods in September were down 25% from a year earlier, according to Placer.ai, which tallies retail foot traffic from about 30-million mobile devices...
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