GFM Network News








Amazon to cut Whole Foods prices amid intense grocery turf war

Reuters — Amazon.com said Thursday it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling over fears of even more brutal market share battles. Amazon’s $13.7 billion purchase of Whole Foods, which won antitrust approval from U.S. regulators on Wednesday, […] Read more



Investors press meat producers to cut water pollution

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate Responsibility (ICCR), sent letters to […] Read more

McDonald’s investor renews push to cut antibiotics in all meat

Reuters — A McDonald’s Corp. shareholder is redoubling efforts to convince the fast-food chain to stop all of its global restaurants from serving the meat of animals raised with antibiotics that are vital for fighting human infections. More than 70 per cent of medically important antibiotics in the U.S. are sold for livestock use. Scientists […] Read more



New Whole Foods chain 365 faces tough mission

Los Angeles | Reuters — Whole Foods Market’s 365 grocery chain offers lower prices and more technology than the company’s namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its parent. 365, which debuted on Wednesday with a bright and airy store in Los Angeles’ Silver Lake […] Read more