Amazon is buying Whole Foods for 13 billion

[Mook]

All hail amazon.

https://www.theverge.com/platform/a...on-whole-foods-acquisition-supermarket-stores

Click to read more...

 

[Grabber]

Interesting. We shop at Whole foods quite often, so, we're curious to see what happens.

 

[OffshoreDrilling]

Holy shit

 

[willizm]

Amazon are no dummies. People pay ridiculous prices for their hand crafted artisan flour and they know they can get mass deals for that crap for cheap and still retain crazy prices at whole foods. The margins are going to be off the chain

 

[OffshoreDrilling]

Whole Foods stock up 27% right now. Just shy of $42

 

[Bruce Jibboo]

 

[Chet Donnelly]

Hell yeah! Amazon is killing it!

Going to be drive up grocery stores I bet.

 

[Mook]

It really doesn't sound like the day to day whole foods operation is going to change.

 

[Bruce Jibboo]

Tossing 13B out there in cash like that is def flexing on the grocery stores

 

[OffshoreDrilling]

Amazon are no dummies. People pay ridiculous prices for their hand crafted artisan flour and they know they can get mass deals for that crap for cheap and still retain crazy prices at whole foods. The margins are going to be off the chain

I think it's more that amazon can jump into yet another market and be immediately established as a reputable brand by purchasing them. With everything amazon does they'll be able to have an edge over pretty much any of their competitors.

Whole Foods has been losing market share to traditional grocers due to the increased conciousness of consumers and their food. You can walk into anywhere these days and find a decent selection of organic products.

 

[03GTGreen]

Hell yeah! Amazon is killing it!

Going to be drive up grocery stores I bet.

More like peapod, they will deliver im sure

 

[Lord Tin Foilhat]

Amazon already has delivered groceries

 

[Flyn]

Drone launching centers?

 

[importcrew]

Amazon already has delivered groceries

As long as it's dry foods. They don't do refrigerated products last I checked. And not many places deliver to my area neither. Would be nice as my wife is getting more and more preggo and I'm at work. Would make things easier. Our only option is Schwans.

 

[OffshoreDrilling]

As long as it's dry foods. They don't do refrigerated products last I checked. And not many places deliver to my area neither. Would be nice as my wife is getting more and more preggo and I'm at work. Would make things easier. Our only option is Schwans.

You can get it all. In chicago at least

 

[jason05gt]

Just sold my Whole Foods stock this morning.

This is a $13.7 billion all cash deal. I wonder when Amazon is going to start falling under Government regulation as I can see Amazon edging closer to a monopoly.

 

[OffshoreDrilling]

A monopoly on what, the world?

They have irons in so many different fires and plenty of competition in all the markets they're in to the best of my knowledge. They're just top tier in whatever they touch.

 

[Dasfinc]

I think others have touched on this; Amazon already offers Pantry in choice areas.

I think this is going to let them dramatically expand their reach for those services by leveraging Whole Foods supply chains, which would also make me think that day to day Whole Foods may not change much.

 

[OffshoreDrilling]

https://instagram.com/p/BVZ-FZKFrQ-/

 

[importcrew]

You can get it all. In chicago at least

Can't get anything that needs to be refrigerated by me. That includes Jewel's delivery thing they want to try out and they're down the street.

 

[Dasfinc]

https://instagram.com/p/BVZ-FZKFrQ-/

I find that ENDLESSLY hilarious.

Before I turned off Alexa Purchases, someone accidentally ordered a $400 Employee Time Punch Clock while drunk at my house....

 

[Lord Tin Foilhat]

I'm not a fan of active microphones recording everything in my house.

 

[Dasfinc]

I'm not a fan of active microphones recording everything in my house.

HONESTLY; I'm just kind of over it. I don't sit in my home contemplating how to build pipe bombs talking aloud about it, so what do I care?

The Convenience outweighs the Big Brother feel of it to me.

Infact - I think I'm going to name my new Downstairs Echo "Big Brother" [MENTION=4700]Miss Esa[/MENTION]

 

[Chester Copperpot]

I'm not a fan of active microphones recording everything in my house.

BUT BUT EASE OF USE! ME ME ME NOW NOW NOW

SECURITY? NO NEED

 

[Mook]

My echo turns on my bedroom lights and then randomly turns on when I'm watching tv. Other than that, its in my bedroom so all it hears is quiet sobbing and me talking in my sleep.