In buying Whole Foods, Amazon is acquiring a first best customer for a massive grocery logistics

    Share on Google+        

Amazon is set to buy Whole Foods Market in 13 7 billion deal

- greencontactbook.com
19 Jun 2017
It has been confirmed that online retail giant, Amazon, will be buying the popular upmarket grocery store chain, Whole Foods Market, in an all-cash $13.7 billion (£10.7 billion) deal. They will be buying it for $42 per share. The price being paid by Amazon marks a 27% premium to the level that Whole Foods shares closed at on the stock market last Thursday, and ...

Amazon's monopoly swells with 13 7 billion offer to buy Whole Foods

19 Jun 2017
Amazon, the world's largest online retail corporation, announced early Friday that it began negotiations to acquire the grocery store company Whole Foods for $13.7 billion. The corporation now has a foothold in the $800 billion US grocery market as it expands its octopus-like tentacles of economic domination into new segments of the world economy.
- wsws.org

Study reveals online shopping patterns and opportunities for growth

- fooddive.com
19 Jun 2017
But other product categories, like apparel and electronics, have already hit the online tipping point. Online shopping for food and groceries undoubtedly will gain traction in the coming years, as well, especially if Amazon has any say in the matter . According to statistics from the Food Marketing Institute and Nielsen , online grocery spending is expected to reach $100 ...

Amazon to buy Whole Foods for 13 7 billion

19 Jun 2017
Amazon, the online retail giant, announced this Friday that it would buy the organic grocery chain Whole Foods Market for $13.7 billion as the online retailer looks to beat new terrain on the supermarket side. The deal values Whole Foods at $42 per share which is 27% higher than where the stock was trading Thursday. The deal could make transforming the online retail giant ...
- startupworld.com

Will Microsoft Azure and Office 365 be Hit by Amazon's 13 7B Whole Foods Acquisition

- 1reddrop.com
19 Jun 2017
The $800 billion grocery market in the United States is Amazon's real target with this acquisition. By pooling its own e-commerce capabilities with Whole Foods' reputation for premium, organic produce and its sheer physical presence, Amazon can create a very powerful grocery delivery system that's based on online ordering.

Why Amazon Bought Whole Foods

19 Jun 2017
In addition to building Amazon's physical grocery business, Whole Foods can help the e-tailer add to its growing array of private label products. Whole Foods generates $2.3 billion worth of private label and exclusive brand sales per year; its private label products account for 32% of items in Instacart's food category, taking up far more of the shelf than Walmart Grocery ...
- medium.com

Amazon Buys Whole Foods for 13 7 billion USD

- freelancermap.com
19 Jun 2017
The market reflected how much the online retailer is expected to pressure its competitors. Stores like Kroger, Walmart and Target all saw their stocks go down after the deal between Amazon and Whole Foods was announced. But it didn't stop there - food companies like Hershey and Campbell Soup also suffered, as the market obviously expect Amazon to be offering products at ...

Amazon's Whole Foods acquisition makes online grocery

19 Jun 2017
With Whole Foods, Amazon can add to its Amazon Fresh grocery delivery service for which Prime members pay an additional $14.99 a month. Many experts emphasize not just the brand value in the grocery space that comes with acquiring Whole Foods, but the real estate. Whole Foods adds about 430 bricks-and-mortar locations to Amazon's arsenal, which can serve as distribution ...
- fer4.com

Amazon, Whole Foods, and Value Implications

- mercercapital.com
19 Jun 2017
Much has been written about Amazon's $13.4 billion acquisition of Whole Foods Market that was announced on Friday, June 16. There are all sorts of theories about Amazon's strategy and the brilliance (or folly) of combining the powerhouse online retailer with a traditional retail grocery chain. But for purposes of this post, we're going to take a step back and look at the ...

Why Amazon Bought Whole Foods L

19 Jun 2017
Grocery remains the most under-penetrated e-commerce category, with less than 5% of sales happening online. However, with 20% of grocery sales estimated to begin online by 2025, brands investing in digital will reap the rewards. While Amazon may aim to beef up Whole Foods' online offerings, the retailer is already a category leader in digital, earning the top rank of any ...
- l2inc.com

Amazon's Whole Foods buy may usher in the store of the future

- cnet.com
19 Jun 2017
Looking further into the future, it's likely that Amazon will start using Whole Foods' 460 grocery locations as distribution points to power the company's online grocery and retail sales. Amazon has been slow to build up its AmazonFresh grocery delivery business, but these hundreds of Whole Foods spots could help change that.

Goodbye traditional grocery, Amazon bought Whole Foods

19 Jun 2017
Amazon has officially purchased upscale brick-and-mortar grocery chain Whole Foods for $13.7 billion. This is a seemingly great marriage that comes as no surprise to those in retail, as Whole Foods gives Amazon another footprint in brick-and-mortar, while Whole Foods gets a much needed boost in e-commerce.
- fierceretail.com

Whole Foods Deal Affect Retail Real Estate

- nreionline.com
19 Jun 2017
The proposed $13.7 billion acquisition of organic grocery retailer Whole Foods Market by e-commerce giant Amazon holds the potential to upset the grocery cart, so to speak. Yet retail real estate investors should cheer the Amazon-Whole Foods deal, experts say.

Prime, Choice or Select? Amazon Raises the Steaks in Grocery with 13 Billion Whole Foods Tender

19 Jun 2017
If Alexa can order it, AmazonFresh can deliver it, or you can pick it up at "Will-Call" from one of the 431 Whole Foods Market stores, why would you want to do your grocery shopping anywhere else? That's the billion dollar question Amazon is betting on by making an offer to acquire Whole Foods for $42 a share in a deal totaling $13.7 billion. Whole Foods' stock has ...
- seattle24x7.com

Amazon & Whole Foods Redraw the Map

- newsroom.chainstoreguide.com
19 Jun 2017
With Whole Foods and its national grocery distribution system onboard, Amazon's online grocery play just got real serious. With a built DC infrastructure and 400+ Whole Foods serving as potential Amazon Fresh pickup locations, Amazon looks to have scored a win. The figure below leverages store-locations data from the Chain Store Guide's Chain Supermarkets Locations ...

Amazon Acquires Whole Foods for 13 7 Billion to Break into Grocery Industry

19 Jun 2017
Amazon may finally be able to break into the grocery industry by purchasing Whole Foods for $13.7 billion . While Amazon already has a grocery delivery service, AmazonFresh, which it first launched about 10 years ago , it has struggled to grow in the supermarket business.
- successfulacquisitions.net

Why Amazon Buying Whole Foods Makes Total Sense

- shape.com
19 Jun 2017
So what *does* this billion dollar purchase really mean for you at the end of the day? Convenience. Amazon can now boost their selection of grocery items available through both its AmazonFresh and Prime Now services (which offers free two-hour delivery from local stores), saving you the hassle of a trip to the store to get that Whole Foods-specific item you can't live ...

Online Grocery Sales Have Yet to Take Off in the U

19 Jun 2017
Over the past few years, Amazon has repeatedly stated its ambitions to gain a foothold in the grocery market. The introduction of Amazon Fresh, Amazon Pantry and the prototype grocery store Amazon Go has made very clear that the e-commerce giant from Seattle is interested in the field. However, the $13.7 billion acquisition of Whole Foods, announced on Friday , is by far ...
- statista.com

Amazon to buy Whole Foods for 13 7 billion

- chainstoreage.com
19 Jun 2017
"A recent consumer survey conducted by Market Track reported that only 19% of consumers purchase groceries online, and only 14% use click and collect services. After the deal is complete, Amazon will have over 400 grocery store locations in major markets across the U.S. Combine these new store locations and Whole Foods differentiated product assortment with Amazon's ...

A Digital Strategy Overview

19 Jun 2017
Amazon gets 24 Billion US visitors per month, 45% of which are direct. Its app installed on 11.6% of US Android devices, and 64% of US households are signed up to an Amazon Prime account. Amazon can easily leverage their own digital presence to improve on Whole Foods Market's digital footprint. The combination of Amazon's digital dominance and distribution, with Whole ...
- similarweb.com

Whole Foods, Amazon 13 7bn deal

- cbronline.com
19 Jun 2017
Of course, this is not the first foray into bricks-and-mortar by Amazon - though it is definitely the biggest. The online giant has tested some retail concepts, including a chain of book stores and a drive-through grocery pickup in Seattle. However, with Whole Foods, Amazon gains 460 stores in the US, Canada and UK. In the last fiscal year alone, Whole Foods posted sales ...

Can Amazon persuade enough people to buy fresh food online Related Articles

19 Jun 2017
New York - Can Amazon, the company that persuaded people to buy ever more items online, win enough of them over to having their fresh groceries arrive in an Amazon box? Going full throttle into groceries by announcing a $13.7 billion deal for Whole Foods on Friday, Amazon gets the advantage of using the stores as mini-distribution hubs to deliver items to customers. But ...
- ooyuz.com

Amazon to buy Whole Foods Market in deal valued at 13 7 billion

- washingtonpost.com
19 Jun 2017
Amazon has acquired Whole Foods in a record-setting $13.7 billion deal. It was also granted a patent for future technology that would prevent brick-and-mortar shoppers from online price checking. (Amazon founder and CEO Jeffrey P. Bezos owns The Washington Post). (Jhaan Elker/The Washington Post)

How Bezos's Grocery Shopping Shakes Up an 800 Billion Industry

19 Jun 2017
Wal-Mart, which upended the grocery sector itself when it decided to add food to its general-merchandise stores in the late 1980s, has thus far parried Amazon's advances. It paid $3.3 billion last year for online marketplace Jet.com and offers curbside pickup of online grocery orders in more than 600 of its 4,700 U.S. stores. Overall, the company's U.S. online sales rose ...
- bloomberg.com

Amazon Buys Whole Foods For 13 7 Billion

- thrillist.com
19 Jun 2017
Amazon's plan to take over the supermarket business just got more serious. The online retail giant announced it's buying Whole Foods Market for $13.7 billion on Friday morning. The deal will see Amazon acquire the organic grocer for $42 per share, and will be finalized in the second half of this year, pending routine regulatory oversight.

Amazon Buys Whole Foods

19 Jun 2017
In a $13.7 billion deal, Amazon is set to purchase natural food behemoth Whole Foods Market. The news comes on the back of a number of changes within the company, from a complete overhaul of its board (including a new chairwoman and chief financial officer) and plans to improve operations and cut costs in various sectors of the business. For Amazon, the move represents a ...
- mindbodygreen.com

With 14Bn Whole Foods deal, Amazon on collision course with Walmart, Technology News, ETtech

- tech.economictimes.indiatimes....
19 Jun 2017
Amazon's purchase of Whole Foods also brings disruption to the $700 billion U.S. grocery sector, a traditional area of retailing that stands on the precipice of a ferocious price war. German discounters Aldi and Lidl are battling Wal-Mart, which controls 22% of the U.S. grocery market, with each vowing to undercut whatever price the others offer.

Amazon makes major move into bricks and mortar

19 Jun 2017
Grant predicted Amazon would likely work with its existing delivery products (AmazonFresh, AmazonFresh Pick Up, PrimeNow) to offer a range of delivery options for minimal pricing, which will put more pressure on grocery retailers to offer these options as well. Another issue is that it could accelerate the sales of online groceries because Amazon may leverage Whole Foods' ...
- insideretail.com.au

Amazon Wants To Stop Shoppers From Checking Prices Online

- geeky-gadgets.com
19 Jun 2017
Amazon has announced that it wants to acquire Whole Foods for $13.7 billion. That company has 400 retail locations across the United States, so Amazon will effectively have 400 distribution points for its products once the acquisition goes through. Now we hear news that Amazon has patented an algorithm which has been developed to discourage shoppers from "mobile window ...

Amazon to buy Whole Foods Market in deal valued at 13 7 billion

19 Jun 2017
The Whole Foods deal signals a turning point for Amazon, after it struggled for years to break into the $800 billion U.S. grocery business. The company's decade-old AmazonFresh delivery service has been slow to take off, accounting for 0.8 percent of all grocery purchases last year. Walmart, by comparison, sold 17.3 percent of the country's groceries, while Kroger sold 8.9 ...
- association-financial.advisor....

Canadian companies more profitable than Amazon

- moneysense.ca
19 Jun 2017
The company's US$13.7 billion offer for Whole Foods rapidly expands the online retailer's transition into brick and mortar stores. But don't expect the deal to bring a lot of profits to Amazon. It has a long record of spending everything it makes on funding growth, leaving zero for profits.

After acquiring Whole Foods, is Amazon planning to go head to head with Wal

19 Jun 2017
The stakes are highest for Wal-Mart. Amazon's move aims at the heart of the Bentonville, Arkansas-based retail giant's business - groceries, which account for 56 percent of Wal-Mart's $486 billion in revenue for the year ending Jan. 31. With the deal, Whole Foods' more than 460 stores become a test bed with which Amazon can learn how to compete with Wal-Mart's 4,700 stores ...
- brandequity.economictimes.indi...

Amazon buys Whole Foods for 13 7 billion

- arstechnica.com
19 Jun 2017
Since Whole Foods will presumably operate as normal for now, it's unclear how Amazon will use the organic grocery store chain in practice. The most obvious perk is that Amazon will have over 450 brick-and-mortar stores across the US once the deal closes. Whole Foods also already has its own grocery delivery service, but it's not available everywhere that its physical ...

Buy me some Kale from Whole Foods

19 Jun 2017
Amazon + Whole Foods.. I know ... It's strange combo, but 5/10 years from now this may be the new normal. Expect to see Whole Foods utilize Amazon Prime and a lot more of their services in the near future. I will predict that Amazon with reshape the way we Grocery Shop..
- elitewirelessri.com

Amazon to acquire Whole Foods Market

- bostonglobe.com
19 Jun 2017
Amazon has long eyed the US grocery sector, which has annual sales of more than $700 billion, as ripe for the kind of disruption it has brought to books and in-home video. Over the past 10 years, the company has taken on slices of the market with its Amazon Fresh grocery options, Amazon Pantry subscription service for household staples, and its Amazon Now one-day deliveries.

Amazon deal for Whole Foods could bring retail experiments

19 Jun 2017
Amazon already offers grocery-delivery services in five markets, but analysts say expansion is tough because its current distribution centers are set up for dry goods, not perishables. Just two years ago, Whole Foods CEO John Mackey told Bloomberg BusinessWeek that Amazon"s foray into grocery delivery would be "Amazon"s Waterloo."
- thetruth24.net

How Amazon's Whole Foods purchase could solve its grocery supply chain puzzle

- zdnet.com
19 Jun 2017
In 2016, Whole Foods expanded its partnership with Instacart to create a network of store locations enabling online ordering and same-day delivery. It remains to be seen how Amazon's ownership impacts the Whole Foods/Instacart relationship, but it's likely that Amazon does not intend to keep it going for the long term. The main takeaway is that Whole Foods is ripe for ...

Amazon acquires Whole Foods Market for 13 7 Billion

19 Jun 2017
If you haven't heard, Whole Foods is an organic health food supermarket which aims to stock healthy options without any additional preservatives, sweeteners, or artificial colors. While they generally charge a premium compared to other grocery stores, they offer a far wider variety of health food options vs traditional markets. First opening in 1980, the company has grown ...
- androidauthority.com

Amazon is Buying Whole Foods in 13 7 Billion Dollar Deal

- beforeitsnews.com
19 Jun 2017
In a shocking announcement today, Amazon.com Inc. is buying Whole Foods Market Inc. in an all-cash deal valued at about $13.7 billion, including the store chain's debt. The companies have just made the announcement today (Friday June 16th 2017), adding that Amazon is to pay $42 a share for Whole Foods, "a 27% premium over Whole Foods' Thursday closing price of $33.06."

Everything From A to Z Now Includes Whole Foods

19 Jun 2017
Many were surprised when Amazon recently announced its purchase of Whole Foods for $13.7 billion. Those that love Amazon applauded the move while those that fea r, or dislike, Amazon are using it to confirm their prediction of its "big-brother" takeover of the world.
- huffingtonpost.com

Amazon s 13 7 billion buy of Whole Foods will shake up grocery payments

- paymentssource.com
19 Jun 2017
With ownership of Whole Foods, Amazon could rapidly deploy the systems it is testing such as AmazonFresh Pickup for order-ahead grocery shopping and Amazon Go for checkout-free shopping. Amazon also recently reintroduced its Amazon Dash wand, which ties into AmazonFresh and lets people reorder groceries by scanning bar codes in their kitchens.

Amazon to buy struggling Whole Foods Market Inc for 13 7 billion

19 Jun 2017
"There's no value in Amazon keeping the status quo at Whole Foods. Whole Foods was losing market share to Kroger," said Brittain Ladd, who until earlier this year was a senior manager working to roll out AmazonFresh globally. "It's pharmacy. It's having the ability to put stores that are similar to Apple stores inside Whole Foods," he said. Amazon has been looking at shop ...
- tech.firstpost.com

Amazon Buys Whole Foods for 13 7 Billion

- dougleschan.com
19 Jun 2017
Internet retail giant Amazon will buy leading natural and organic supermarket chain Whole Foods in a deal valued at $13.7 billion, the companies announced Friday. "Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy," said Jeff Bezos, Amazon founder and CEO in a statement. "This partnership ...

Walmart Buys eCommerce Retailer Bonobos

19 Jun 2017
Unfortunately for Walmart, they announced this deal around the same time Amazon announced their acquisition of Whole Foods Market . Not surprisingly, few major media outlets gave it any mention as all the talk was about Amazon upsetting the grocery business.
- esellercafe.com

Amazon shakes up grocery sector

- theglobeandmail.com
19 Jun 2017
Even so, e-commerce packaged grocery sales growth is fast outpacing that in brick-and-mortar stores, said Carman Allison, vice-president of consumer insights at Nielsen Canada. Those online sales rose 8 per cent to $2-billion in Canada in the year ended April 1 - and are expected to increase 20 per cent annually until 2020 - while grocery sales in physical stores are in ...

Amazon, Whole Foods, and the Future

19 Jun 2017
I heard the news today, oh boy -- Amazon is buying Whole Foods Market in a deal worth nearly $14 billion . The combination of these iconic companies, both of which have come of age in the last two decades, raises obvious questions. Does the transaction reflect how hard it's been for Whole Foods to keep Wall Street satisfied with its growth and profits? (It does.) Does the ...
- hbr.org

Amazon to buy Whole Foods for 13 7 billion in bid to become major grocer

- seattletimes.com
19 Jun 2017
Amazon entered the $750 billion U.S. grocery market in 2007 with AmazonFresh, a service that delivers groceries to customers' homes for a fee. The service is now available in 21 U.S. metro areas, as well as London and in Tokyo, but it hasn't had the transformative impact of other Amazon businesses.

Why Amazon bought Whole Foods for 13 7 billion

19 Jun 2017
It's enough to cause concern for Walmart, Safeway, Costco, and other American grocery stores. It's also a huge hurdle for startups like $2 billion Instacart, which actually sold Whole Foods $36 million in equity to become the grocery store's sole delivery provider for 5 years. Now, the future of that deal seems uncertain.
- businessinsider.com

Why Amazon bought Whole Foods for 13 7 billion

- uk.businessinsider.com
19 Jun 2017
In a note to clients, Wall Street firm Cowen estimates that a combined Amazon/Whole Foods entity is automatically already the 5 overall grocery retailer in the United States. And because Amazon can now offer a mix of in-store shopping, same-day delivery, and its usual style of online shopping, it has room to grow.

Out of Whole Foods a 'wake

19 Jun 2017
"It is widely known that Amazon has been scouting for prime-Central London locations as part of its move into grocery retail in the UK. Exactly 12 months since the launch of Amazon Fresh in the UK, and in one fell-swoop, the online giant will now have nine supermarkets in the UK - seven of which are London-based."
- thedrinksbusiness.com

Amazon stumps up almost US14B for Whole Foods Market

- which-50.com
19 Jun 2017
The deal is set to be Amazon's largest acquisition of all time by over 10x, according to an analysis from CB Insights . Prior to the Whole Foods acquisition, Amazon's largest purchase was of e-commerce platform Zappos in 2009, for $1.2 billion; below that ranks its 2014 acquisition of gaming video platform Twitch for $970 million.

Amazon deal for Whole Foods could bring retail experiments

19 Jun 2017
Amazon could try to use automation and data analysis to draw more customers to stores while helping Whole Foods cut costs and perhaps prices. Meanwhile, the more than 460 Whole Foods stores in the U.S., Canada and the U.K. could be turned into distribution hubs -- not just for delivering groceries but as pickup centers for online orders.
- abcnews.go.com

Amazon files sinister patent for its physical stores

- pcauthority.com.au
19 Jun 2017
In an ironic turn of events, Amazon has filed a patent for the sinisterly titled "Physical Store Online Shopping Control". This is a system that would allow Amazon to intercept certain URLs and search terms, accessed across the Wi-Fi of its new physical stores. In essence, it's a way to stop customers from checking whether items can be bought for cheaper online.

Why Did Amazon Aquire Whole Foods

19 Jun 2017
I responded so emotionally because I've been a Whole Foods customer my entire life, thanks to my mom. We've shopped at Whole Foods since the '80s. I was brought up to value and invest in organic, local, and wholesome foods. Somehow Amazon's acquisition of Whole Foods seems like a threat to that -- and to the grocery shopping experience too. However, I didn't want to just ...
- popsugar.com

Amazon Ups its Game for the Retail Market Looks to Win the U S Hispanic Consumer

- portada-online.com
19 Jun 2017
Amazon's acquisition of Whole Foods for $13.7 billion is the largest acquisition to date by the Jeff Bezos-led company, and the most important merger in the retail industry. With this deal, Amazon now has 450 stores in major cities in the United States, Canada, and the United Kingdom. What are the implications for marketing and multicultural/Hispanic marketing in particular?

Whole Foods Merger May Face Conflicts of Interest

19 Jun 2017
Barry C. Lynn, the Director of the Open Markets Program at New America, said on Friday that Amazon "already dominates every corner of online commerce, and uses its power to set terms and prices for many of the most important products Americans buy or sell to one another." Lynn added, referring to the Whole Foods merger, "Amazon is exploiting that advantage to take over ...
- theintercept.com

What do Amazon Alexa and Whole Foods have in common

- chiefmartec.com
19 Jun 2017
But in my worldview, Amazon's $13.7 billion purchase of Whole Foods -- insert requisite "Whole Paycheck" joke, such as it was cheaper than buying groceries there for the company cookout -- gives Amazon a powerful new touchpoint in their vertical competition pipeline between marketers and consumers. (For an explanation of such pipelines, see 5 Disruptions to Marketing, Part ...

Amazon wrecked the mall Now it's coming for the grocery store

19 Jun 2017
"The anticipation was that grocery will go to about 20% online in the next couple of years," she said. "But grocers have to respond and move faster now. Because that's what Amazon (AMZN , Tech30 ) does. They get into a field and, boom, they get market share and become the leader."
- money.cnn.com

Gerry Harvey says Amazon expansion will be slower than expected

- smh.com.au
19 Jun 2017
The forecasts for Amazon's Australian sales differ: Macquarie has tipped it would nab $14.5 billion in Australian sales by 2025, whereas fund manager Grant Berry suggested the online marketplace would be lucky to nab 5 per cent of Australian retail sales even over eight years.

As Amazon Acquires Whole Foods, 1 More Job Could Be Made Obsolete By Technology

19 Jun 2017
Amazon has recently announced plans to acquire the supermarket chain Whole Foods for $13.7 billion. While it promises not to replace workers with robots, it may still be taken as a sign that cashiers are becoming among the jobs made obsolete by technology. ( David Ryder | Getty Images )
- techtimes.com

Amazon Wants to Buy India's Largest Online Grocer AMZN

- investopedia.com
19 Jun 2017
Hari Menon, a founder of the five-year-old startup, denied that it is in any talks with Amazon. As for the raising of capital, he said the company will make a comment at the "appropriate time." The executive noted in the statement that BigBasket had sales of Rs 1,400 crore ($217 million) during the 2016-2017 financial year, putting it in the sixth spot in terms of grocery ...

Amazon buys grocery chain Whole Foods for 13 7 billion

19 Jun 2017
Amazon, started in Seattle in 1994 by Bezos, a former hedge fund manager, has grown into the world's biggest diversified online retailer, with a market capitalization of nearly $500 billion. It has expanded from a book seller into a merchant of nearly all consumer products, as well as producing videos.
- disruptive.asia

Why Amazon bought Whole Foods

- brandondonnelly.com
19 Jun 2017
Even in a world where most groceries are purchased online, you need still need physical distribution centers in close proximity to lots of customers. Whole Foods has more than 460 stores across the U.S., Canada, and Britain. Their formatting would obviously evolve, but the bones are there for Amazon to leverage.

Amazon's Whole Foods purchase set to upset the grocery cart

19 Jun 2017
Before the Whole Foods purchase, Amazon's biggest announced buyout came in 2014, when it agreed to buy video-game service Twitch Interactive Inc. for US$970 million in cash, according to data compiled by Bloomberg. The Seattle-based company had about US$21.5 billion of cash and equivalents at the end of March, the data show.
- theedgemarkets.com.sg

Amazon may have launched a bidding war for Whole Foods

- marketwatch.com
19 Jun 2017
Although she see very few entities that could outbid Amazon, she believes "many will do anything to either make this acquisition more costly...or just prevent the asset from landing in Amazon's lap, because remember, retail strategic bidders would eliminate overhead at [Whole Foods] in the event of an acquisition, Amazon intends to let Whole Foods operate as is." Read more ...

What will Amazon's buying of Whole Foods mean for our smart fridges

19 Jun 2017
So what does this all mean for Whole Foods? Kale delivered by drone? A robot operating the salad bar? Conversely, while I'd like to think that Whole Foods' hippy granola people powered ethos could spread itself into the lifeblood of Amazon, it's more likely the price will remain king, as customers remain devoted to budget groceries, where price takes precedence over principles.
- readwrite.com

Amazon Buying Whole Foods For Nearly 14 Billion

- thrivesearch.com
19 Jun 2017
It was reported that Amazon had thought about buying Whole Foods last year, bud decided not to. Whole Foods was pushed to sell itself by institutional investors due to its stagnant growth. While logical, the Amazon-Whole Foods combination was a bit unexpected.Because Amazon now owns a lot of real estate in Whole Foods, this could be a bit of a hiccup for the likes of ...

Amazon and Whole Foods

19 Jun 2017
It's hard to believe that there are grocery retailers who haven't made the leap to online, but they exist. "The news of this acquisition today only accelerates the online grocery forecast which is estimated to grab 20% of grocery by 2025 ," said Waters, "retailers who are not online risk losing market share. Period. Full stop."
- the-future-of-commerce.com

With Whole Foods, Amazon on collision course with Wal

- livemint.com
19 Jun 2017
Some industry observers say Amazon will find it difficult to use Whole Foods to pull away Wal-Mart shoppers because the two stores appeal to different customers. But Michelle Grant, head of retailing at market research firm Euromonitor, said Amazon could use an obscure part of the Whole Foods portfolio--Whole Foods 365--to lure Wal-Mart shoppers.

The real cost of e Supply Chain Dive

19 Jun 2017
A GeekWire analysis showed that Amazon lost $7.2 billion from shipping last year, the difference between Amazon's shipping cost and what they charged for it. They made up for that loss through cloud computing services sales, with a 2016 corporate profit of $2.4 billion.
- supplychaindive.com

The impact of the 13 7 billion Amazon

- viola-notes.com
19 Jun 2017
Like many, I was amazed on Friday afternoon by the news that Amazon has announced the acquisition of Whole Foods . Most people were quite surprised, even though it was clear for quite some time that Amazon is flirting with the offline world (Amazon Go stores).

Online retail giant Amazon buys a grocery chain for US 13 7 billion

19 Jun 2017
With Whole Foods, Amazon gets an established business that it can transform through its technology and supply network expertise. And it should be able to bring cost-cutting technologies, such as robots to move inventory around, while the company gets a better picture of customers by marrying data from Amazon and Whole Foods' loyalty programmes.
- retailnews.asia

Amazon to Acquire Whole Foods for 13 7 Billion

- bloomberg.voicestorm.com
19 Jun 2017
Another bid for Whole Foods can't be ruled out because Amazon's $42 price undervalues Whole Foods' prospects and powerful brand, according to Rupesh Parikh, an analyst for Oppenheimer & Co. Earlier this year, Oppenheimer valued Whole Foods in a buyout scenario in the mid $40-range. After the deal was announced on Friday, it raised its target price for Whole Foods to ...

How Amazon's 13 7 Billion Whole Foods Acquisition Will Alter The Grocery Space

19 Jun 2017
December saw the opening of the prototype brick-and-mortar grocery store, Amazon Go, in Seattle. The Amazon Go concept allows customers to avoid the checkout line by simply walking in and leaving -- as long as they have an Amazon Prime account that tallies the purchases automatically.
- geomarketing.com

Haven't seen people this amped on an acquisition

- thehustle.co
19 Jun 2017
The move gives Amazon access to Whole Foods' 460 stores in the US, Canada, and Britain -- most of which are well-located in desireable areas. Amazon is likely to utilize these as distribution centers for Amazon Fresh. After all, it's easier to buy 460 physical distribution sites than to build them from scratch.

How to Start Selling on Amazon with Ryan and Nick from Online Selling Experiment

19 Jun 2017
Ryan and Nick have built a thriving, passive income business selling products with the help of the Fulfillment by Amazon (FBA) program. This program allows online entrepreneurs to send merchandise to Amazon's warehouses and sell it through the Amazon marketplace to a vast audience. What started as a two-man operation has grown into a booming source of passive income, ...
- smartpassiveincome.com

Trucking, Freight Transportation and Logistics

- ttnews.com
19 Jun 2017
By enlisting Amazon, he gets to keep his job as chief executive officer of the grocery chain while giving the stock price a jolt. It jumped 27% to $41.98 as of 11 a.m. in New York, bringing it close to the transaction price. Amazon shares gained 2.9% to $992.11.

Eat healthy and never go to the store

19 Jun 2017
Psst! I have a whole lesson in my course Grocery Budget Bootcamp dedicated to online grocery shopping. This post is a great place to start, but when you're ready to dive in deeper and REALLY learn how to get the most out of shopping online WITHOUT breaking the bank, sign up for my course !
- dontwastethecrumbs.com

Amazon pays 13 7 billion for Whole Foods Market DW

- dw.com
19 Jun 2017
The all-cash deal - involving no debt or equity swaps - will see Amazon acquiring the Texas-based organic and specialty food retailer for $42 (36 euros) a share, a 27-percent premium over Whole Foods Market's closing stock price on Thursday. Whole Foods stock had been selling in the mid-$30 range for May and the first part of June.

Amazon to acquire Whole Foods for US 13 7B

19 Jun 2017
"Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy," said Jeff Bezos, Amazon founder and CEO said in a release Friday. "Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades - they're doing an amazing job and we want that to continue."
- bnn.ca

Whole Foods deal raises many questions about the future

- newhope.com
19 Jun 2017
By now, I am sure that you have seen the news about Amazon buying Whole Foods Market. Talk about a game changer! Like many others who observe and analyze natural products retail, I keep tabs on what is happening at Whole Foods, but did not see this one coming. This is certainly confirmation that natural and organic products are mainstream and will continue to have a highly ...

Amazon confident after 10 7bn acquisition of Whole Foods Market

19 Jun 2017
High end UK grocers such as Waitrose and M could be concerned, with the deal offering Amazon the chance to sell more premium food and drink ranges through Amazon Fresh. However, it's fair to say the move won't have as big of an impact in the UK market - Whole Foods has a much bigger store base across the pond (in the US it has 460 stores, here in the UK it only has nine ...
- marketingweek.com

Amazon Buying Whole Foods for 13 7 Billion

- gulchcast.tech
19 Jun 2017
Amazon is considering extending the cost-cutting effort with the no-checkout technology it's developing at its Seattle convenience store, "AmazonGo," according to the person familiar with the matter, who asked not to be named because the plans are private. The technology lets people pay with smartphones without seeing a cashier or going to a checkout kiosk, which would ...

Quote aligned bgr

19 Jun 2017
This isn't a five-alarm fire warning of impending dystopia but it should give everyone pause at a crucial moment in Amazon's history. Most analysts who covered the Whole Foods deal yesterday understood that it likely signals a huge expansion of the company's ambitious delivery plans. The New York Times ' outlook was a little more granular in its outlook, saying that Bezos ...
- gizmodo.com

Whole Foods deal means

- newaspectfs.com.advisor.news
19 Jun 2017
Whole Foods, which has more than 460 stores in the United States, Britain and Canada, has a lot of brand power. At least in the near future, Amazon probably won't want to touch that, said Mark Cohen, a professor at Columbia Business School who studies retail.

What Will Shopping At Whole Foods Feel

19 Jun 2017
Americans have been slowly moving toward online grocery shopping. But there have been challenges. For example, when it comes to buying fresh food, we like to feel, see and touch the fruits and vegetables we're buying. At least, I do! Has that been a problem for Amazon?
- npr.org

Amazon is Reportedly Planning To Cut Jobs At Whole Foods

- socialracemedia.com
19 Jun 2017
Bloomberg isn't the only publication examining the potentially devastating consequences for Whole Foods staff. A separate opinion piece from Forbes contributor Panos Mourdoukoutas on Sunday carried the headline: "Amazon-Whole Foods Deal Is Bad News For Store Cashiers And The Fight For $15 Minimum Wage. "

Amazon to buy Whole Foods for 13 7bn

19 Jun 2017
"Amazon clearly wants to be in grocery, clearly believes a physical presence gives them an advantage. I assume the physical presence gives them the ability to distribute other products more locally. So theoretically you could get five-minute delivery," said Michael Pachter, an analyst at Wedbush Securities Inc.
- rt.com

John Mackey's Whole Foods Journey, From Startup in Austin to 13 7 Billion Amazon Sale

- thestreet.com
19 Jun 2017
The acquisition gives Amazon hundreds of bricks-and-mortar stores that sell everything from organic rotisserie chicken to all-natural makeup, the ultimate boost to enhance its delivery and grocery services and hinder competitors including Walmart Stores Inc. (WMT ) , Kroger Co. (KR ) and Target Corp. (TGT ) .
#WholeFoods      #WholeFoodsMarket      #AmazonFresh      #JeffBezos     
Top
About Us
posted-today.org shows the most important world news of the day, under the editorial criteria of their impact on Internet and social networks.
Contact
Do you have any suggestion? Contact us.

    Share on Google+        

We might need you!
Investors and business angels continue reading, please: posted-today.org is a very innovative project which has just started. We can steadily grow in visits and content and become leaders of the digital press in an ETA of 10 years. This curve of success could be considerably improved having more resources. If you stand out for your vision of the future, maybe you can help us, or the other way round.
Technology
This is not just buzzing words: posted-today.org is an example of what you get when applying state-of-the-art technologies, such as Big Data, Content Curation, Natural Language Processing (NLP), NoSQL, Cloud Computing, ...