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Amazon to Acquire Whole Foods for $13.7B

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Re: Amazon to Acquire Whole Foods for $13.7B

#471

Earlier quoted context omitted.

Exactly the reason why there aren't any Software Developer Unions these days.

You're kidding, right? Programmers are decently paid but should strike for a 40-hour work week.

Why would I strike for that? I'm salaried and typically work about 30-35 hours a week. I sit right next to my boss and he has no complaints about my hours or my work so I would be crazy to ask to work more hours. I'm actually shocked at how much they pay me for such enjoyable work.

Re: Amazon to Acquire Whole Foods for $13.7B

#472
Since the article doesn't mention it, Whole Foods is apparently:

> an American supermarket chain exclusively featuring foods without artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats.

I was waiting for this to appear (a common grocery store with seen-as-healthy stuff) but it already exists. TIL.

Re: Amazon to Acquire Whole Foods for $13.7B

#474
post #142

Earlier quoted context omitted.

you can't really buy employees. They can choose to quit right after.

And they don't own the real estate so that point isn't valid either. Not sure about trucking but would be surprised if they own their whole distribution network.

But they do (in some cases anyway) own the liquor licenses.

Re: Amazon to Acquire Whole Foods for $13.7B

#475

https://www.youtube.com/watch?v=cA2-iMz479o I watched this video a while ago about what Amazon Go is a precursor for. In summary, if AWS is renting out server infrastructure for people, then you can imagine that Amazon can make the infrastructure to lease out Amazon Go to other stores. They first integrate it with Whole Foods, then as customers expect no more checkout areas, they will only go to Whole Foods because i…

Give me digital receipts so I can easily track my spending, food intake and waste and I'll be a happy camper. Everyone already tracks sales via loyalty programs.

Re: Amazon to Acquire Whole Foods for $13.7B

#476

I'm confused. Amazon is known to work backward from an imagined future press release, and then do the actions necessary to make that press release. How does Amazon see the future in this case? -Amazon already has PrimeNow and Amazon Fresh, which offer a great grocery delivery service. For those who have tried these services, it's easy to see how addicting they are vs going to a physical store. -I can't see Amazon usi…

This enables them to very quickly scale out AmazonFresh, which to date is only in about a dozen areas, to every single area that WholeFoods is in.

If you have not used AmazonFresh its pretty clearly a competitor for the same income level people as a Whole Foods customer and already offers a ton of organic/fair trade/etc stuff at Whole Foods level prices.

They can also leverage the WholeFoods brand for items, bringing additional customer trust to the quality.

Further, this makes PrimeNow delivery cheaper for them. Again, if you have used AmazonFresh you know that you can add PrimeNow-style Amazon stuff to your purchase for the delivery slot. This brings that capability to every WholeFoods location and expands the reach of people buying PrimeNow items (e.g. people will add things to their grocery delivery at a lower threshold than they will pay $5 and reorder on PrimeNow the same thing).

Re: Amazon to Acquire Whole Foods for $13.7B

#477

Earlier quoted context omitted.

$13.7B / 431 = $31.79m per store. I have zero experience with real estate prices for retail outlets, but it feels as if that's a bit on the high end?

* distribution network * store stock * employees * high end real estate Sounds like a great deal for Amazon

  * Customer goodwill
  * Company brand

Re: Amazon to Acquire Whole Foods for $13.7B

#478

If Hacker News had gold I would give it to you.

I don't understand why I got 10 downvotes on this one. What is the matter with this comment? What am I missing here?

I'd guess that it is because people don't like reddit/4chan/meme type of comments here.

Re: Amazon to Acquire Whole Foods for $13.7B

#479
post #387
post #178

Earlier quoted context omitted.

They don't offer bank accounts yet. Only then Mr Robot could come and change the world by hacking them /s

If Amazon could drop $13B on a national grocery retailer they could just as easily drop some number of billions to buy every podunk regional bank willing to sell and merge them into the Bank of Amazonia. If Elon Musk doesn't do it first to enable easy financing for Elon Musk-fans' buying everything Elon Musk. Musk.

Where do I sign up?
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