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WSJ: Amazon Will Build More Whole Foods Stores

Started by kevinb1994, January 04, 2019, 04:29:38 AM

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Brandon

Yet, Whole Foods seems to be a drain on Amazon (as I called it when they bought Whole Foods).  Amazon just cannot run grocery nor can it do brick-and-mortar all that well.

https://www.marketwatch.com/story/whole-foods-isnt-priming-amazons-pump-2019-01-31
"If you think this has a happy ending, you haven't been paying attention." - Ramsay Bolton

"Symbolic of his struggle against reality." - Reg

SectorZ

Quote from: Brandon on February 01, 2019, 02:08:36 PM
Yet, Whole Foods seems to be a drain on Amazon (as I called it when they bought Whole Foods).  Amazon just cannot run grocery nor can it do brick-and-mortar all that well.

https://www.marketwatch.com/story/whole-foods-isnt-priming-amazons-pump-2019-01-31

It's like the couple in a failing marriage that decide to have more kids and figure that will make it all better.

vdeane

Didn't Amazon's other services start as a drain as well?  It practically seems to be standard operating procedure to enter a market at a loss in order to establish dominance.
Please note: All comments here represent my own personal opinion and do not reflect the official position of NYSDOT or its affiliates.

abefroman329

Quote from: vdeane on February 03, 2019, 08:48:51 PM
Didn't Amazon's other services start as a drain as well?  It practically seems to be standard operating procedure to enter a market at a loss in order to establish dominance.
Yes. As a matter of fact, i don't think Amazon as a company started earning a profit until very recently.

vdeane

And most if not all of that profit is through their web services (which run a large swath of the internet at this point).
Please note: All comments here represent my own personal opinion and do not reflect the official position of NYSDOT or its affiliates.

abefroman329

Quote from: Brandon on February 01, 2019, 02:08:36 PM
Yet, Whole Foods seems to be a drain on Amazon (as I called it when they bought Whole Foods).  Amazon just cannot run grocery nor can it do brick-and-mortar all that well.

https://www.marketwatch.com/story/whole-foods-isnt-priming-amazons-pump-2019-01-31
The B&M Amazon stores strongly resemble the bookstores they put out of business, but they're fine. I suspect the fact that they double as pickup/dropoff points for Amazon packages brings in a lot of foot traffic.

Brandon

"If you think this has a happy ending, you haven't been paying attention." - Ramsay Bolton

"Symbolic of his struggle against reality." - Reg



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