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

Vegan Billboard Goes Up in Times Square

Catskill Animal Sanctuary’s billboard campaign, placed in one of the biggest tourist destinations in the world, encourages people to go vegan this holiday season.
Read More »

Budget Vegan Beauty Brand Hits Drugstores

Unilever's eco-friendly beauty brand, Love Beauty and Planet, is set to debut in January.
Read More »

Stephen Colbert Confirms Jon Stewart is Vegan

The compassionate comedian is officially vegan and has the abs to prove it.
Read More »

Lady Gaga Stylist Debuts Vegan Fashion Line for Dogs

Designer Christian Cowan creates 14 vegan accessories for dogs inspired by iconic looks worn by Lady Gaga and Miley Cyrus.
Read More »

Texas Vegan Burger Shop Grows into Mini-Chain

San Antonio-based Earth Burger will expand its vegan fast-food concept across Texas and to Minnesota with a location inside Mall of America this spring.
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 »