Amazon (AMZN) relishes pampering its Prime members! In its latest announcement, the e-commerce giant has announced that Whole Foods Market will expand its Prime-exclusive discounts to 10 more states. This includes a 10% discount on sale items, besides other exclusive offers for those who have availed the $119-a-year Prime membership.
The discount program was introduced a year after Amazon purchased the grocery chain for $13.7 billion.
The discounts are now available in Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Idaho, Kansas, Louisiana, Mississippi, Missouri (only Kansas City), Nevada, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, and Washington.
The discounts can be availed by scanning a code on the Whole Foods app or by using their smartphones at the checkout counter.
Amazon is further hoping to deploy the discounts to all its US stores by this summer. Prime members have the newest perk at Whole Foods of 5% cashback on purchases using Amazon Prime Visa card as well as free two-hour delivery in certain cities.
In June 2017, Amazon agreed to buy Whole Foods Market in a step to gain an edge in the supermarket industry. Whole Foods received $42 per share in an all-cash transaction including net debt. The deal came after activist investor group Jana Partners, which owns 9% of Whole Foods, pushed the company to overhaul its operations as well as seek buyers.
Shares of Amazon are trading up 0.19% at $1,687.17 at 10:47 AM EDT. The stock had been trading between $931.75 and $1,714.50 for the past 52 weeks.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on