Bloomberg Whole Foods Market’s lower-priced offshoot chain, whose future was questioned after Amazon.com Inc. took control of the company in 2017, is cautiously plowing ahead. The business, known as 365 by Whole Foods Market, opened its latest store this week in Brooklyn—its first location on the East Coast. And the division is still signing leases and plans to open at ...

Bloomberg Alibaba Group Holding Ltd led a $300 million investment into India’s biggest online grocer Bigbasket, signaling that the region’s segment is firing up. Hari Menon, Bigbasket’s co-founder and chief executive officer, said the investment values the company at $950 million—just $50 million under the $1 billion valuation that would have earned it tech unicorn status. “We wanted a strategic ...

Bloomberg WestJet Airlines Ltd.’s new ultra-low-cost carrier plans to expand to southern locations in the US and Mexico in the second half after it launches with Canada service in June. WestJet is counting on its Swoop brand to fend off a new breed of bargain carriers such as Flair Airlines while the fledgling carrier attempts to take market share from ...