Amazon buys Whole Foods

[Anna N]

Here.

[ElsieD]

Wow.

[palo]

Do you like Amazon?

Do you like Whole Foods?

 

If your answer to both questions is the same, then you don't have a problem.

 

However if your answer is slpit, then you might have to re-evaluate your feelings.

 

http://www.ctvnews.ca/business/amazon-is-buying-whole-foods-in-us-13-7b-deal-1.3462171

 

p

[Anna N]

3 minutes ago, ElsieD said:

Wow.

 That was my immediate response.   There didn't seem anything more I could add to the post other than a link.

[chromedome]

I guess that means the "greedy bastards" won.

 

ETA: ...or at least, didn't do badly out of the transaction. 

Edited June 16, 2017 by chromedome
added link (log)

[Toliver]

I am interested in this union to see how Amazon's "cheaper than anyone else" creed will impact the high prices at Whole Foods. 

Also, Amazon has tried, unsuccessfully, for years to get into the grocery/grocery delivery market and by having a Whole Foods be a delivery hub in various neighborhoods is quite brilliant.

 

edited for clarity

Edited June 16, 2017 by Toliver
clarity (log)

[Shel_B]

This was a surprise ...

 

http://www.reuters.com/article/us-whole-foods-m-a-amazon-idUSKBN1971QJ

[gfron1]

My concern is one that I have in all sorts of daily food commerce and that's diversity of offerings. Our food system is becoming so homogenous, and now further concentration of resellers has me increasingly concerned.

[kayb]

7 hours ago, Toliver said:

I am interested in this union to see how Amazon's "cheaper than anyone else" creed will impact the high prices at Whole Foods. 

Also, Amazon has tried, unsuccessfully, for years to get into the grocery/grocery delivery market and by having a Whole Foods be a delivery hub in various neighborhoods is quite brilliant.

 

edited for clarity

 

 

My first thought was what the impact of Amazon's pricing, which is generally quite good, might have on WF's prices. Disclaimer: As there is not a WF in town, but there are three other quite good natural markets, I don't go there much. When I do, I generally peruse the "sample cheese" basket, the small pieces for less than three bucks, that will let me sample something I might otherwise be reluctant to purchase.

 

Will be interested to see how it develops.

[pastrygirl]

7 hours ago, Toliver said:

I am interested in this union to see how Amazon's "cheaper than anyone else" creed will impact the high prices at Whole Foods. 

 

WF had already started rolling out their "365" stores with more affordable selections, so maybe they will keep going in that direction.

[rotuts]

this will be very interesting to follow.

 

WF  is a tired , out of date sort of place   in my view

 

Bezos is thought by Some Who Might Know  

 

[ http://wealthtrack.com ]

 

to be a brilliant innovator   

 

many have said so , including 

 

https://en.wikipedia.org/wiki/Warren_Buffett

 

you can take it or leave it   ( the above )

 

WF  , should the deal go through , is going to wake up for sure !

 

there is still a ways to go , and the price will rise.

 

not a big deal for Amazon

 

 

Edited June 18, 2017 by rotuts (log)

[Toliver]

Amazon Prime members may benefit the most from the Amazon-Whole Foods sale:

"Amazon Prime members will get even deeper discounts at Whole Foods"

Quote

As with most new Amazon initiatives, the company is folding its $99-per-year membership program into the Whole Foods mix. Amazon Prime customers will receive additional discounts on some Whole Foods products in the future. Once all the technical aspects are in place, Prime members will automatically be part of a Whole Foods customer rewards program that gives them discounts and other store perks. Amazon loves to add value to its Prime program in order to encourage as many people as possible to sign up, and it hopes that adding a Whole Foods component will lure new members to the program.

 

[Martin Fisher]

Too bad our closest Whole Foods is in Buffalo, NY—~150 miles away!  

[MelissaH]

7 hours ago, DiggingDogFarm said:

Too bad our closest Whole Foods is in Buffalo, NY—~150 miles away!  

Yup. What @DiggingDogFarm said—and that's a brand-new Whole Foods store that won't be open till the middle of next month. One's supposed to be coming in Rochester, which is only 75 miles away from me, but we drove by the site where it's supposed to be located a couple of weeks ago and didn't see anything resembling a building.

 

It's interesting to note that both these Whole Foods stores are located very close to the flagship Wegmans store in each city, so they're obviously trying to go head-to-head with the longstanding local, much-loved giant. It'll be interesting to see how that turns out, and how loyal the customers are.

[rotuts]

http://www.chicagotribune.com/business/ct-whole-foods-amazon-lower-prices-20170828-story.html

 

interesting its going to be.

 

Trade Bananas  now  49 c  vs 79 c.

 

across the street at TJ's  , 39 c and have been for a long while.

[Anna N]

 I wondered if we Amazon customers north of the border would be forgotten or not. Apparently not

 

Link

 

[weedy]

http://www.grubstreet.com/2017/08/whole-foods-faces-boycott-for-amazons-breitbart-ads.html

 

 

[chromedome]

6 hours ago, weedy said:

http://www.grubstreet.com/2017/08/whole-foods-faces-boycott-for-amazons-breitbart-ads.html

 

 

It's probably the only part of Amazon's empire that's actually susceptible to that kind of pressure at the moment. Amazon as a whole is too big to be deterred -- it'd be like trying to use a popsicle stick as a rudder to turn a supertanker -- but WF as a shiny-new outpost? Yeah, that's a place where some pressure and adverse publicity might get a toehold, and take some of the luster off the acquisition.

[rotuts]

""  it'd be like trying to use a popsicle stick as a rudder to turn a supertanker ""

 

exactly.  none the less , if its important to you , that's what matters.

 

 

[weedy]

Whole Foods also probably cares more about its image 

[TicTac]

What's utter nonsense is how quickly the US Government approved the buy-out.

 

This should not have been allowed.

[rotuts]

the USG as a proactive interest for Us

 

no longer exists and has not for quite some time.

 

WF used to be an Image sort of place

 

give us way too much or your money

 

and for sure , your are going to Feel Really Good.

 

no longer.

 

there is no longer a WF traditional image,

 

WF sucked that Dry and Lost.

[lindag]

I have to say I was delighted to see that now I can get from WF/Amazon.  Spaghettios!!!   Ackkkk!

[chefmd]

I like every day 1.99 chicken, 13.99 ribeye steak.  It also looks like the price of dry aged beef was quietly lowered to 19.99.

[Toliver]

I read an online article this morning that suggested one of the reasons Amazon bought Whole Foods was due to Amazon Prime.

Amazon will introduce in-store Whole Foods benefits to Amazon Prime members, thus, hopefully encouraging more customers to become Amazon Prime members.

Jeff Bezos may know what he's doing after all, eh?