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

Muay Thai Fighter to Open Vegan Bakery in NYC

Vegan chef Watt Sriboonruang's Rawsome Bakery will land on Orchard Street in Manhattan—further veganizing a street occupied by vegan apparel company MooShoes and vegan store Orchard Grocer.
Read More »

Vegan Brand Breaks Indiegogo's Crowdfunding Record

Vegan meal shake startup Bear Brands raised more than $65,000 from 250 backers in the first day of its crowdfunding campaign.
Read More »

Playboy Playmate Amanda Cerny is Vegan

The former Playmate and current YouTube comedian confirms that she would never promote beef jerky to her 19 million social media followers because she is vegan.
Read More »

Luxe Department Stores Launch Decadent Vegan Menu

Harvey Nichols stores across the UK now serve upscale vegan dishes and wines at its seven locations.
Read More »

Mosa Meat to Debut Slaughter-Free Meat by 2020

The European company that made the first lab-grown hamburger—for a cost of $325,000—will soon debut on menus at upscale restaurants.
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 »