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Jun 17, 2017
11:09
:18
am
Acorn
All-American
Amazon buying Whole Foods. Bad fit IMO.
I don't think history will look back on it favorably. Seems like a complete change of direction for Amazon. Time will tell.
This message has been modified
Originally posted on Jun 17, 2017 at 11:09:18am
Message modified by Acorn on Jun 17, 2017 at 11:10:53am
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Acorn
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Acorn
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Nov 25, 2004
Last login
May 17, 2024
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Messages
Author
Time
Amazon buying Whole Foods. Bad fit IMO.
Acorn
6/17/17 11:09am
They are looking at eliminating the checkout stand
SausageKing
6/17/17 11:16am
Amazon can afford a few misses.
wapiti
6/17/17 11:17am
Agreed - they can afford the miss
Acorn
6/17/17 1:31pm
It gives them a physical presence in more than 400 large markets and allows them
Pimpin4Paradise
6/17/17 11:17am
People have been saying that about AMZN's earnings multiple for years. Glad I
Kerbouchard
6/17/17 11:58am
They were already going into this space...gives them immediate presence
Fdnman
6/17/17 11:18am
They've been trying to push groceries for years.
Thunder Buddy
6/17/17 11:23am
Exactly....they are looking for the established real estate
jrifkin48
6/17/17 11:43am
There is no way they shut down the stores, at least not in the next 10 years.
CrimWalCoug
6/17/17 12:06pm
I remember doing a case study on Amazon twenty years ago in a management class...we questioned Amazon's ability to be
Texas Hammer
6/17/17 11:32am
Amazon has been well managed but it is also successful because investors believe
Busiturtle
6/17/17 11:52am
Jeff Bezos has done the single-best sell job to Wall Street ever.
CrimWalCoug
6/17/17 1:38pm
Elon Musk and his shareholders might disagree.
Acorn
6/17/17 1:43pm
He's just investing all the revenue back into the growth and future of the
I'mBatman
6/17/17 3:25pm
Did you get an F?
Kerbouchard
6/17/17 11:55am
Many people think retail is binary in nature - it's either e-commerce or brick and mortar.
CrimWalCoug
6/17/17 11:49am
Yep, pure e-commerce model isn't the best fit for fresh produce. It will get
Kerbouchard
6/17/17 12:00pm
Definitely not a change of direction, they are trying to dominate multiple
califcougar
6/17/17 1:13pm
Aldi & Lidl will have the largest impact on the grocery industry. Bigger than Walmart. Bigger than Amazon.
CrimWalCoug
6/17/17 1:51pm
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