News

Amazon Buys Whole Foods for $13.7 Billion

The major online retailer plans to keep Whole Foods' core values intact and vegan CEO John Mackey on board after the merger.

Online retail giant Amazon announced that it intends to acquire supermarket chain Whole Foods Market for approximately $13.7 billion (or $42 per share). “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” Amazon founder Jeff Bezos said. “Whole Foods Market has been satisfying, delighting, and nourishing customers for nearly four decades—they’re doing an amazing job and we want that to continue.” Whole Foods will continue to be headquartered in Austin, TX and long-time vegan John Mackey will retain his position as CEO. “This partnership presents an opportunity to maximize value for Whole Foods Market’s shareholders,” Mackey said, “while at the same time extending our mission and bringing the highest quality, experience, convenience and innovation to our customers.” In recent years, the supermarket chain has explored several concepts to remain relevant to consumers, including the launch of affordable outlet 365 by Whole Foods Market and partnerships with vegan restaurants—such as by CHLOE and Next Level Burger—that are operating in-store cafés. The merger is pending approval from Whole Foods shareholders.

More News

New Plant-Based Culinary Course Comes to Florida

McFatter Technical School launches its first plant-based cooking course to prepare future chefs to work in the growing plant-based restaurant industry.
Read More »

Six-Course Vegan Wine Pairing Dinner Lands in PA

Chefs at TASTE will pair dishes made with meats from vegan shop Herbivorous Butcher with libations from sister winery Sand Castle.
Read More »

NYC Vegan Grocery Throws Ice Cream Social for Justice

At the event, Orchard Grocer will debut a vegan ice cream created by NYC vegan establishment Modern Love Brooklyn to raise funds for LGBTQ youth.
Read More »

More Than One Quarter of Brits Slash Meat Intake

New market research reveals a large number of British people have reduced their meat consumption in the previous six months.
Read More »

Vogue Names "Vegan" Top Wedding Trend in 2017

The fashion publication says that weddings this year feature vegan food more often than just one vegetarian option.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »