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RWDSU PRESIDENT STUART APPELBAUM STAEMENT ON AMAZON’S ACQUISITION OF WHOLE FOODS

This Shows the Lengths Amazon Will go to Destroy Competition at Any Cost in its Longstanding Battle with Walmart to Become the Nation’s Largest Retailer

NEW YORK, NY – Today, President Stuart Appelbaum of the Retail, Wholesale and Department Store Union (RWDSU) responded to the news of Amazon’s acquisition of Whole Foods, highlighting that destructive battle between Walmart and Amazon only harms workers.

“The latest move by Amazon to establish itself as the dominant retailer - both online as well as in the physical world of brick and mortar retail - shows the lengths it will go to destroy competition at any cost in its longstanding battle with Walmart to become the nation’s largest retailer. This disruptive and destructive battle between two of the nation’s leading low-road employers like Amazon and Walmart can only mean bad news for workers, and ultimately consumers, who in the future will almost certainly be faced with fewer options and no real competition in the retail and grocery industries. This will only accelerate the trend of low-wage employers like Amazon increasing their market share and profits by destroying good jobs (and their competition) in a race to the bottom that will leave workers with fewer jobs and lower wages while leaving consumers with fewer options and less choice in where to shop. This may be a sweet deal for Jeff Bezos and Amazon investors, but it’s truly a rotten deal for American workers and consumers,” said Stuart Appelbaum, President of the Retail, Wholesale and Department Store Union (RWDSU).