McCormick CEO sees ‘opportunity’ with Amazon/Whole Foods deal

McCormick & Co. Inc. CEO Lawrence Kurzius says Amazon Inc.’s blockbuster deal to acquire Whole Foods Market should benefit the spice maker.

Amazon’s $13.7 acquisition of Whole Foods is expected to shake up the entire consumer food industry and put pressure on pricing and operating margins. Sparks-based McCormick is a major customer of the online retail giant and has invested in e-commerce, so Kurzius said he thinks the company is “well positioned” to succeed.

“We do think that this probably has…



Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s