Whole Foods slashing prices Monday on these 10 items

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Immediately, it will cut some prices an undisclosed amount, to help Whole Foods reach more customers, and integrate some Amazon services into the stores.

Amazon also said it would start selling Whole Foods brand products on its website, a move that hit shares in packaged food sellers such as Kellogg (Hamburg: 944624.HM - news).

On Wednesday, the United Food and Commercial Workers International Union renewed its criticism of Amazon, asking the Whole Foods board and shareholders to guarantee protections for workers' jobs and salaries after the deal.

Amazon and Whole Foods Market announced grocery prices would be slashed on Monday for a variety of Whole Foods' bestselling items as part of its acquisition by Amazon. About 63 percent of Amazon customers in the US have Prime and they spend $1,300 a year on goods from the retailer, compared with $700 for non-members, CIRP estimates. Co-founder John Mackey will remain as CEO.

If he were another retailer who was locked out of deals with Amazon or Google, McKnight said, "I'd be wetting my trousers now".

By buying Whole Foods, Amazon is taking a bold step into brick-and-mortar, with its more than 460 stores and potentially very lucrative data about how shoppers behave offline.

Mayor: Charleston shooter is disgruntled restaurant worker
A witness said they were eating at the restaurant when the gunman ordered everyone out and yelled, " There's a new boss in town ". The gunman is said to be a disgruntled ex-employee of the diner in a tourist area of Charleston , the city's mayor told Fox News.

Amy Klobuchar (D-MN) says she is "concerned" over the speed with which Amazon completed its $13.7bn acquisition of the kombucha-slinging organic money sink.

Prices on a selection of groceries, including Whole Trade organic bananas, responsibly-farmed salmon and tilapia, organic large brown eggs, lean ground beef, organic avocados, organic baby kale and baby lettuce, almond butter, organic Gala and Fuji apples, organic rotisserie chicken and 365 Everyday Value organic butter are set to drop beginning on Monday.

According to Morgan Stanley, Whole Foods prices are now about 15 percent higher than the average grocery store. Signs at the Westport store this week promoted Whole Foods' delivery services; this week, Stew Leonard Jr. predicted that within five years, 20 percent of the sales rung up at his Stew Leonard's chain will be delivered to customers.

Norm Armstrong, an antitrust lawyer at King & Spalding LLP in Washington, told Bloomberg that the FTC approved the deal because Amazon and Whole Foods are not close competitors. They purchase from Amazon 25 times a year on average, 11 more visits than non-Prime customers.

But the challenge, some say, will be preserving Whole Foods' high-end image while lowering its prices and making its products widely available. But under Amazon, Whole Foods poses a legitimate threat.

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