{"id":17804,"date":"2026-10-08T10:30:03","date_gmt":"2026-10-08T10:30:03","guid":{"rendered":"https:\/\/stock999.top\/?p=17804"},"modified":"2026-10-08T10:30:03","modified_gmt":"2026-10-08T10:30:03","slug":"whole-foods-ceo-grocery-will-turn-amazon-from-everything-store-into-everyday-store","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=17804","title":{"rendered":"Whole Foods CEO: grocery will turn Amazon from &#8216;everything store&#8217; into &#8216;everyday store&#8217;"},"content":{"rendered":"<p><img src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/10\/GettyImages-2271194551-e1791450897375.jpg?w=2048\" \/><\/p>\n<p>Good morning. How much do consumers value convenience, cool technology, and low cost? It\u2019s not an easy answer. Just ask Jason Buechel, the CEO of Whole Foods and vice president of Amazon Worldwide Grocery Stores. In a new Fortune video segment called CEO Source, he talks about the tough decisions in expanding Amazon\u2019s grocery business, which last year generated more than $150 billion in sales. His mission is clear: \u201cAmazon has been known as the everything store, and I believe with grocery we are going to be the everyday store,\u201d he told me, noting the goal is \u201cgreater engagement, not only just within grocery, but the broader store.\u201d<\/p>\n<p class=\"wp-block-paragraph\">But everything comes at a price. Among the questions that we discussed.<\/p>\n<p class=\"wp-block-paragraph\">How much do you pay your people? We live in an era where business leaders can be billionaires as their colleagues struggle to pay the bills. Buechel talked about Amazon\u2019s recent $230 million pledge to offer higher pay, benefits, and college perks to more than 100,000 Whole Foods workers. In many ways, it\u2019s a return to Whole Foods\u2019 roots: co-founder John Mackey famously capped executive salaries at 19 times the average worker pay before selling the chain to Amazon in 2017. Buechel comes from that culture. The eldest child of a cheese maker in Wisconsin who grew much of the family\u2019s produce, he was Whole Foods\u2019 CIO and Mackey\u2019s chosen successor prior to the acquisition.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">What is the cost of convenience? A European friend who\u2019s in town from a Red Cross stint in the Democratic Republic of Congo was shocked at the number of vans, three-wheelers, e-cargo bikes and other delivery vehicles cluttering the streets of New York, often delivering products that people could buy themselves if they walked across the street. She found it chaotic. New York Mayor Zohran Mamdani does, too. In addition to securing a record $131.5 million from DoorDash for delivery workers last month, he\u2019s backing the Delivery Protection Act to \u201crein in Amazon\u2019s power over New York City streets.\u201d Many may disagree with the premise and proposed solution, but I did ask Buechel if letting me order a banana for quick delivery is a quest worth pursuing. He says he\u2019s aiming for predictability over speed.<\/p>\n<p class=\"wp-block-paragraph\">How much technology do shoppers really want? I loved being able to flash my palm over a sensor to pay my bill at Whole Foods. In other parts of the empire, such as Amazon Go, customers didn\u2019t love walking into a retailer with no formal checkout. Both are no longer offered. \u201cIn some cases, I think we\u2019re also just a little bit ahead of what customers were looking for in a physical store, whether it be a grocery store or convenience store that we had brought to bear,\u201d Buechel told me. \u201cWe\u2019re going to pivot to our same-day focus on grocery. We\u2019re going to get this right.\u201d\u00a0<\/p>\n<p class=\"wp-block-paragraph\">My interview with Buechel will run on today\u2019s episode of Fortune Daily. You can watch at 4 p.m. on YouTube.<\/p>\n<p class=\"wp-block-paragraph\">Quick note: Fortune Brainstorm AI returns to San Francisco Dec. 7-8 to convene technologists, entrepreneurs, Fortune Global 500 executives, investors, policymakers, and the brilliant minds in between to interrogate the most pressing questions about AI. We will explore how organizations are deploying and scaling AI in their industries. Register now<\/p>\n<p>Contact CEO Daily via Diane Brady at diane.brady@fortune.com<\/p>\n<p>Top leadership news<\/p>\n<p>What Linda Yaccarino learned from Elon Musk<\/p>\n<p>In an interview with Fortune, former X CEO Linda Yaccarino says Elon Musk\u2019s \u201cinsatiable sense of urgency\u201d shapes how she approaches running a company. After working with him for two years, she says she learned to move faster and question what a project really needs to succeed.<\/p>\n<p>Nvidia\u2019s mission-first culture<\/p>\n<p>Nvidia ranks No. 14 on Fortune&#8217;s 100 Best Companies to Work For \u2013 Europe list, which is out today. HR director Febe Punsalan credits a mission-first culture for Nvidia&#8217;s employee satisfaction: no org charts, a flat structure, a responsive suggestion box, and two company-wide days off each quarter. Turnover is 3.7% versus a 21.9% tech average, though some workers say the nice perks breed a &#8220;pressure cooker&#8221; environment.<\/p>\n<p>Bank earnings are coming, but insiders aren\u2019t buying<\/p>\n<p>Only 298 financial-sector insiders bought stock in their own companies last quarter\u2014the fewest since VerityData began tracking in 2004. With big banks about to report earnings, some analysts see that as a sign that stocks look expensive, while others say it tells investors little about what comes next.<\/p>\n<p>The markets<\/p>\n<p>S&amp;P 500 futures are down 0.34% this morning. The last session closed down 0.22%. The STOXX Europe 600 was down 0.86% in early trading. The U.K.\u2019s FTSE 100 was down 0.45% in early trading. Japan\u2019s Nikkei 225 was down 1.42%. South Korea\u2019s KOSPI was down 2.62%. China\u2019s CSI 300 was down 1.09%. Hong Kong\u2019s Hang Seng was down 1.43%. India\u2019s NIFTY 50 is down 1.68%. Bitcoin is down at $83k.<\/p>\n<p>Around the watercooler<\/p>\n<p>\u2018This is not sustainable\u2019: Families with young kids are fleeing NYC\u2019s high cost of living, and the schools are emptying out by Catherina Gioino<\/p>\n<p>Microsoft shows off new Windows software, revamped for agentic AI by Sebastian Herrera<\/p>\n<p>The new K-shaped economy splits the rich from the ultra-rich: The top 0.1% averages more than $200 million\u2014and is pulling away from the rest of the 1% by Mia Osmobekov<\/p>\n<p>Justin Casse passed on the family training business over 4:30 a.m. wake-ups. Now he owns stakes in about 100 racehorses across six countries by Tatiana Sataua<\/p>\n<p>CEO Daily is curated and edited by Joseph Abrams, Jason Ma, Claire Zillman, and Lee Clifford.<\/p>\n<p>#Foods #CEO #grocery #turn #Amazon #store #everyday #store<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. How much do consumers value convenience, cool technology, and low cost? It\u2019s not&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[291,585,1277,3822,432,1739,686,2323],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/17804"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17804"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/17804\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}