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Non-Road Boards => Off-Topic => Topic started by: kevinb1994 on January 04, 2019, 04:29:38 AM

Title: WSJ: Amazon Will Build More Whole Foods Stores
Post by: kevinb1994 on January 04, 2019, 04:29:38 AM
https://www.grocerydive.com/news/wsj-amazon-will-build-more-whole-foods-stores/545077/

https://www.wsj.com/articles/amazon-plans-to-add-whole-foods-stores-11546178520?emailToken=78b3d4f511cc96351eb0cccdd285b145pi1x0T7eeuhBhRC2scjfuGTq3ksE2mFzOINUae/XfjqX8+qrcSbrIchvFZK7tRsjTlPDIEcBlXTspqjtrJ5vlJgnWd4ih/zaHIktoFyWYzs%3D&reflink=article_email

https://www.techspot.com/news/78064-amazon-building-more-whole-foods-stores-expand-prime.html
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: 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
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: SectorZ on February 03, 2019, 11:18:55 AM
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.
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: 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.
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: abefroman329 on February 03, 2019, 08:51:10 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.
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: vdeane on February 03, 2019, 09:12:42 PM
And most if not all of that profit is through their web services (which run a large swath of the internet at this point).
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: abefroman329 on February 03, 2019, 09:15:54 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.
Title: Re: WSJ: Amazon Will Build More Whole Foods Stores
Post by: Brandon on March 04, 2019, 08:27:27 PM
And even more:

https://finance.yahoo.com/news/amazon-wont-obliterate-the-grocery-store-industry-103356794.html