Whole Foods CEO announced plans to fight inflation, expand generic brands for affordability, and open more stores with new formats and technology. Amazon Dash Cart for mobile pay to be introduced. Amazon Fresh experienced setbacks with Just Walk Out technology. Whole Foods to open quick-shop Daily Shops in New York City.
Key Points
Expansion of 365 by Whole Foods with more than 3,000 products
Plans to open 30+ new locations each year
Introduction of Amazon Dash Cart for mobile pay
Focus on innovation and customer convenience
Pros
More affordable options for shoppers
Expansion of generic brands to fight inflation
Introduction of new technology to enhance customer experience
Cons
Setbacks experienced by Amazon Fresh with Just Walk Out technology