Jeff Bezos is a ‘brilliant man' for what he's done at Whole Foods, says ex-CEO: ‘He thinks really long term'

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

News News

Business Business Latest News,Business Business Headlines

After Amazon acquired Whole Foods Market for $13.7 billion in 2017, Jeff Bezos backed price cuts at the grocery chain long known derisively as “whole…

Jeff Bezos is a ‘brilliant man' for what he's done at Whole Foods, says ex-CEO: ‘He thinks really long term'"What I like about Jeff the most, besides he's creative and entrepreneurial, is he thinks really long term," Mackey, who served as Whole Foods' CEO from the brand's inception in 1980 until 2022,when Bezos' Amazon bought the grocery chain for $13.7 billion in 2017. It could have been easy to raise prices for an immediate revenue bump.

But the changes have helped Whole Foods' revenue growth, as net sales from Amazon's physical stores — Whole Foods locations are the vast majority — surpassed"I hardly ever hear the 'whole paycheck' narrative any longer—that's due to Amazon," Mackey said.. We'll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in BUSİNESS

Business Business Latest News, Business Business Headlines