Forefront Communications

New York Post: Whole Foods Dominating the Competition Since Amazon Takeover

Mark Dowd

Mark Dowd

Whole Foods is feasting on its competitors’ customers — with Trader Joe’s shoppers defecting at the highest rate, according to a new report.

In the first week of the Amazon takeover in late August and lowered prices, the upscale grocer gained nearly 10 percent of the scrappy German-owned grocer’s customers compared with a year ago, according to a report by Thasos Group, a research company, which tracked shoppers’ mobile phone location data.

“Trader Joe’s management should be really concerned,” said Greg Skibiski chief executive of Thasos Group.

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