Aug 27 (Reuters) - Amazon.com ( AMZN ) will extend its
corporate staff programs, including pay structure and benefits,
to U.S. corporate employees at its Whole Foods chain of
supermarkets, aiming to integrate its grocery businesses more
closely.
The e-commerce giant said on Wednesday it would fully align
benefits for all corporate employees across grocery units by
December 2026, and that Whole Foods Market corporate employees
would retain their in-store discount perks until then.
They will also get a discount code offering a 10% discount
on Amazon ( AMZN ) merchandise, and gain access to Amazon's ( AMZN ) online portal
that offers its U.S. employees deals on items such as phone
plans, car insurance and travel and entertainment.
"As shared with employees in June, Whole Foods Market
corporate employees will move to the same programs and offerings
as the rest of Amazon ( AMZN ) corporate employees ... creating one
consistent experience across teams," spokesperson Lauren Snyder
said.
The move will help Amazon ( AMZN ) streamline collaboration across
divisions such as Whole Foods, the "Amazon Fresh" network of
online and physical grocery stores, and its cashierless
convenience store banner, Amazon Go.
The Wall Street Journal first reported the move on
Wednesday, saying Whole Foods employees will have about a month
to review their new titles, salaries and benefits.
Amazon ( AMZN ) has been sharpening focus on its grocery offerings in
the U.S., expanding its Prime fast-delivery option to perishable
food items and adding new cities in a bid to better compete with
retailers such as Walmart ( WMT ) and Kroger ( KR ), as well as
delivery services including Instacart.
The company has pledged more than $4 billion towards
expanding its delivery network in the U.S. by the end of 2026,
primarily focusing on small towns and rural areas.
Amazon ( AMZN ) acquired Whole Foods for $13.7 billion in 2017, when
the supermarket chain was known for offering organic foods at
higher prices. Following the acquisition, Amazon ( AMZN ) moved to slash
prices and offer Whole Foods groceries via its Prime
subscription.
(Reporting by Deborah Sophia in Bengaluru; Editing by Devika
Syamnath)