Amazon's Whole Foods of the Future......

**clubboss** · August-25-17, 03:46 AM

Deal was approved by shareholders, I believe it's closing Monday. Amazon will lower prices, improve WF's bottom line, and best of all, Amazon Prime members will reap some benefits from this deal - perhaps an added discount at checkout.

"...Amazon also said that starting next week, it will offer lower prices on popular items, including "Whole Trade organic bananas, responsibly-farmed salmon, organic large brown eggs, animal-welfare-rated 85% lean ground beef, and more..."
https://www.cnbc.com/2017/08/24/amaz...re-profit.html

I'm not familiar with animal-welfare-rated beef.

**Honky Tonk** · August-25-17, 07:41 AM

Originally Posted by clubboss

Deal was approved by shareholders, I believe it's closing Monday. Amazon will lower prices, improve WF's bottom line, and best of all, Amazon Prime members will reap some benefits from this deal - no details yet.

"...Amazon also said that starting next week, it will offer lower prices on popular items, including "Whole Trade organic bananas, responsibly-farmed salmon, organic large brown eggs, animal-welfare-rated 85% lean ground beef, and more..."
https://www.cnbc.com/2017/08/24/amaz...re-profit.html

I'm not familiar with animal-welfare-rated beef.

I thought it was an assistance program for cattle out of work, but apparently not...

http://www.wholefoodsmarket.com/miss...welfare-rating

**Johnnny5** · August-25-17, 11:25 PM

Originally Posted by clubboss

Amazon will lower prices, improve WF's bottom line

Improve the bottom line? I'm not so sure about that one.
Does Amazon even have a bottom line? They make next to nothing selling goods and pay next to nothing in U.S taxes [[And have done both for decades). Honestly, I really struggle to see the point of Amazon as a retailer. Either they are trying to be the world's largest non-profit or they have some ultra-long term plans to gouge customers once they have bankrupted all competition. Either way, it's kind of worrisome.

**casscorridor** · August-26-17, 10:44 AM

Originally Posted by Johnnny5

Improve the bottom line? I'm not so sure about that one.
Does Amazon even have a bottom line? They make next to nothing selling goods and pay next to nothing in U.S taxes [[And have done both for decades). Honestly, I really struggle to see the point of Amazon as a retailer. Either they are trying to be the world's largest non-profit or they have some ultra-long term plans to gouge customers once they have bankrupted all competition. Either way, it's kind of worrisome.

logistics and cloud computing.

**Johnnny5** · August-26-17, 10:58 AM

Originally Posted by casscorridor

logistics and cloud computing.

Yes, they could be pulling huge profits from their hosting/cloud computing services [[If they weren't spending nearly every dime expanding as a retailer) and that's precisely why everyone should be worried. What's the end game?

**clubboss** · August-28-17, 10:34 AM

Attachment 34069

One of several baner pic's this morning on Amazon's website.

**JBMcB** · August-28-17, 07:11 PM

Originally Posted by Johnnny5

Yes, they could be pulling huge profits from their hosting/cloud computing services [[If they weren't spending nearly every dime expanding as a retailer) and that's precisely why everyone should be worried. What's the end game?

Well, as it comes to groceries, Amazon and Whole Foods, combined, have roughly 1.5% market share. Wal-Mart has the highest market share of any grocery store, at 16%, with Kroger, the largest dedicated grocery chain coming in second at 15%.

So, if Amazon is willing to spend astronomical amounts of money, maybe they can have 1/6 of the market as well.