Amazon Buys Whole Foods for Estimated $13.7B

[dansari]

http://www.cnbc.com/2017/06/16/amazon-i ... llion.html

Seems weird to me that Amazon is going from online to brick and mortar, but maybe they have plans paired with new technology that we're not aware of yet? Just thought it was interesting.

[GhostNappa]

You can already buy all the asparagus water you could ever want on Amazon though

[Dabbart]

I read a few articles about how they want to use WFs as a base for food and other deliveries. Also, just look at all the companies GE or Phillip Morris owns... Diversify your Portfolio.

Let the age of the mega corporations continue...

[xanderous]

Let the age of the mega corporations continue...

Getting flashbacks to Mr Robot, pretty soon everyone will be owned by one single evil corp

[dansari]

Yep. They'll likely do what dab said. The market has been crazy all day.. it looks like the other grocers are getting killed (we have all the TVs on CNBC where I work).

[Darosh]

I read a few articles about how they want to use WFs as a base for food and other deliveries. Also, just look at all the companies GE or Phillip Morris owns... Diversify your Portfolio.

Let the age of the mega corporations continue...

Yup, monopolies 2.0 ahoy.

[HissiCNesS]

Soon ppl won't wage stupid wars for a nation against another nation but rather for a corporation against another corporation as the power is shifting already (as you can see how they are infiltrating and buying politicians and merging them into their own higher corporate bodies etc.)... mark my words, this will be the future... as humans are way too stupid and brainwashed to understand that if no one goes to war there simply will be no war... mankind is truly doomed

[Darosh]

Spoiler:

Soon ppl won't wage stupid wars for a nation against another nation but rather for a corporation against another corporation as the power is shifting already (as you can see how they are infiltrating and buying politicians and merging them into their own higher corporate bodies etc.)... mark my words, this will be the future... as humans are way too stupid and brainwashed to understand that if no one goes to war there simply will be no war... mankind is truly doomed

~ "Google protects!"
~ "Give me apple products or give me death!"
~ "The god of internet shopping demands your blood ~ and money!"
~ "Drone deliveries for the Drone-Throne-something!"

Would make for an excellent Warhammer parody, all things considered.

[Sejanus]

This is why they bought WF. https://www.theverge.com/2016/12/5/1384 ... ence-store

[Hogtooth]

Amazon and Walmart are in an all out war for online and offline sales. They are both beating up their suppliers and third party sellers to provide their products even cheaper. These suppliers are now looking for more profitable avenues to get their products and services to end consumers. Most people don't realize that Amazon is not he cheapest, in fact their algorithms will increase pricing based on your shopping trips. Walmart's pricing can also be beat by planning your purchases and not buying on immediate need or impulse.

I am right in this market as a Franchise owner with the #59 Internet company in the world, our corporate team predicted this 3 years ago and we are positioned to take full advantage of what is happening to the world right now with the collapse of traditional retail and the shift of advertising dollars to online. We match products and services to people and businesses and people and businesses to products and services. Stores are now willing to pay the consumer for making a purchase in the form of cash back when that sale can be tracked.