Close×

Amazon's deal to buy US supermarket chain Whole Foods Market is likely to further rattle the local food and beverage industry ahead of its Australian launch.

Amazon, which in April confirmed its intention to launch in Australia, bought the US grocery retailer for $US13.7 billion ($18 billion).

The chain, which mostly operates in upmarket locations and markets itself as 'America's healthiest grocery store', has been struggling, according to The Australian Financial Review.

The deal is reportedly the biggest ever for the e-commerce giant, and will significantly lift its bricks and mortar presence.

Packaging News

One year after commissioning its high-efficiency G3 oxyfuel furnace at the Gawler glass manufacturing site in South Australia, Orora says the installation is delivering substantial reductions in fuel use and greenhouse gas emissions.

Des Pope, founder and chairman of Pope Packaging, has passed away. Pope established the South Australian packaging company in 1956, growing it from a small local operation into a global business.

The World Packaging Organisation has opened Pack’t Forum, a digital platform designed to connect packaging professionals worldwide to share knowledge and discuss industry challenges.