Skellig Gra
Member
This move has to be completely geared on expanding Amazon Fresh. Otherwise it makes no sense.
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Amazon to buy Whole Foods for $13.7 billion cash
- Thread starter JimJamJones
- Start date
They're buying a company with a "fresh" connotation to their food that they can marry with their delivery service.
If you haven't already, start investing in grocery eCommerce
Old Gimlet Eyes
Member
Damn can't believe Whole Foods was worth that much.
Mysterious
Banned
If someone is an Amazon shareholder, would this be good news for them as well?
(I have no idea how stocks work)
Nordic4tKnight
Member
I know this is out there but does Amazon do away with the Whole Foods name since they are associated with ultra expensive food and have been damaged goods for the past couple of years. Could give them an opportunity to start fresh.
i wanted so badly to make the Whole Paycheck joke lmao.
That's my assumption. Getting that Dash Wand soon which comes with 3 months free of Fresh so looking forward to see if it's worth $15 a month. If they can incorporate Whole Foods into the mix and lower the pricing a bit, will be pretty enticing (closest Whole Foods to me is like 30 minutes away)
I don't know a ton about stocks either but in terms of Amazon stock all this will do is either increase or decrease it's value slightly, shouldn't have a major effect considering the tiny percentage of Amazon's business this will ultimately reflect.
Whole Food stock though will be much more directly effected in a positive way.
Probably not good
I would think it would expand it honestly. They have points of distribution for delivery in almost every city with this purchase. I'm also expecting Whole Foods prices to drop. Won't compete with Walmart or Aldi but not as outrageous as it is now
Hari Seldon
Member
Yeah they should. Whole foods is associated with overpriced garbage, they should totally just dump the name and rename it Amazon Foods or someshit.
wordballoons
Member
wait, wtf?
ClivePwned
Member
Yeah I used to get groceries from there often and 13 billion sounds about right for a week's worth of food from there.
wesleyshark
Banned
Oh wow lol. Unexpected but potentially awesome?
Just rename it to Amazon Foods. With the Amazon portion being the recognizable Amazon logo
teruterubozu
Member
Alexa, hummus, now.
Walter White Walker
Member
Can't wait to see that asparagus water on Prime Pantry.
A company that can compete with Wal-Mart is good.
I do expect an expansion of Fresh but it also makes me wonder if the quality of products will change or if prices have a chance of rising with this move. Or if the cost of service to be in the Fresh program will change. All around it does seem like it'll be a great move for Amazon themselves. I just don't know enough about business to know if it will affect customers.
Here in the UK Amazon works with a low-mid tier supermark called Morrisons. I imagine it's a stock/supply chain operation.
I think this might be more meaningful for Amazon in the US than it is here. There aren't many Whole Food stores in the UK, so I'm not how how many areas Amazon FreshFoods would cover.
I think this might be more meaningful for Amazon in the US than it is here. There aren't many Whole Food stores in the UK, so I'm not how how many areas Amazon FreshFoods would cover.
water_wendi
Water is not wet!
i expect Amazon to also do something like this with the shipping/logistics business.
Think this ties into their current store automation presence. Lets them test multiple locations at once in a pilot, under an already very recognizable brand. Walmart needs to be concerned for sure. Who knows how far along Amazon really is on that front? If they can get it up and running in 5 years, retail as we know it is changed forever.
andythinkpad
Member
Walmart is shitting their pants
newtypepilot
Member
Whole foods is so overrated and overpriced.
That being said, would you like to donate to the hungry children?
That being said, would you like to donate to the hungry children?
Vulcano's assistant
Banned
First step into a cyberpunk dystopia where homeless people hunt flying drones to get the poultry meat inside.
chromatic9
Member
One more step towards everything being amazon or google.
RumblingRosco
Member
I see a lot of people in here asking about buying/selling stock or general stock questions. I highly recommend you check out the Stock-age thread for those questions.
TheOfficeMut
Unconfirmed Member
Fruit tart delivery will be mine.
Also probably in Amazon's best interest to consider purchasing these brick and mortar stores that pose the greatest competition, such as Whole Foods and Best Buy (as mentioned above).
Macy's next? lol
Also probably in Amazon's best interest to consider purchasing these brick and mortar stores that pose the greatest competition, such as Whole Foods and Best Buy (as mentioned above).
Macy's next? lol
efyu_lemonardo
May I have a cookie?
Now that would be huge
Amazon is going to buy them?
Not surprising. Best Buy is moribund, ready to be plucked.