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Author Topic: WSJ: Amazon Will Build More Whole Foods Stores  (Read 434 times)


Brandon

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #1 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
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SectorZ

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #2 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.
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vdeane

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #3 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.
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abefroman329

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #4 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.
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vdeane

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #5 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).
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abefroman329

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Re: WSJ: Amazon Will Build More Whole Foods Stores
« Reply #6 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.
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Brandon

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

Illinois: America's own banana republic.

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