03-02-2019, 04:44 PM
bobinmurphy wrote:
Also heard speculation that Amazon would be selling off Whole Foods as they transition to their own new food stores. Guess the experiment with Whole Foods didn't work out, or they think they learned what they needed to get into the grocery business. WalMart followed the same route when they decided to get into the grocery business.They partnered with a family owned grocery chain in Texas to exchange information, and a year later split the blanket with them and started opening their own grocery stores.
Haven't heard that. What I have heard is that Amazon wants to expand it's access to grocery distribution networks to increase the reach of two-hour grocery delivery, which is very profitable. Brick and mortar grocery-selling is not, though Amazon has increased revenues and reduced costs at WF without changing the shopper experience or the quality of what WF sells.
WF only has 480 stores and Amazon has plans in the works to open more particularly in the West and the Amazon/Prime brand is stamped all over WF, which is why I don't think they're planning to sell it. The Amazon-branded new stores will be in different markets where they can expand delivery.
"365" was a very weird brand dilution idea by WF that precedes Amazon, not surprised they shut that down.