The Wall Street Journal released a shocking report on Amazon on Saturday, alleging that the online retail giant was engaged in stealing trade secrets from grocery chain Trader Joe’s.
This article examines Amazon’s efforts to develop a private label food brand known as Wickedly Prime that aims to replicate Trader Joe’s top 200 products.
The Wall Street Journal revealed that its reporting was based on thousands of internal documents and interviews with more than 600 employees, but the article was based on an interview with a former senior manager at Trader Joe’s. It depends a lot. I left my job to take a job at Amazon.
The anonymous manager said Amazon management has been pressuring Trader Joe’s to share sales data and margins for each of its private label products.
Amazon claims to own Whole Foods Market 517 locations As of April 1, the company has stores in the U.S., including Amazon Fresh, which has about 20 U.S. stores, according to ScrapeHero.com.
An Amazon spokesperson could not be reached for comment for this article, but told the Wall Street Journal that the company’s culture is “centered on innovation to make our customers’ lives better and easier.” Ta.
Some of Trader Joe’s proprietary data was collected by Amazon and distributed to employees, but when reported to Amazon’s legal team by a whistleblower, “several employees who accessed the data were fired. “Ta”.
Amazon told the Wall Street Journal: “We do not tolerate the misuse of confidential information and we thoroughly investigate reports of such behavior by our employees and take action, up to and including termination.” said.
