IT&Software

Geographic analysis: Amazon and Whole Foods footprints are remarkably similar

Geographic analysis: Amazon and Whole Foods footprints are remarkably similar

But she is giving Amazon the benefit of the doubt.

Amazon has recently obtained a patent to a technology that bars shoppers in its physical stores including Whole Foods to compare prices on their smartphones.

Amazon has "had the courage.to resist the drumbeat of short-term, quarterly earnings that have had us trapped here for a couple of years, as our same-store sales came down", he said. "That's something that doesn't seem to right to me, actually".

It's a natural progression for Amazon, said Brendan Witcher, a retail analyst at Forrester. Whole Foods recorded ~$16B in sales during 2016.

"Many will do anything to either make this acquisition more costly for Amazon, or prevent the asset from landing in Amazon's lap", Short wrote in a note to clients.

Arroyo acknowledged that there may be a few pros to buying produce online, but laments that personal service a grocery store can offer will slowly fade as Amazon begins its reign a grocery conquistador. So there's lots of room to grow. It started its fresh food online business a decade and has gained no traction whatsoever in the US, Canada and Britain. "More importantly, it puts refrigerated distribution within 10 miles of probably 95 percent of Prime members". But it has been struggling to find a profitable model. Shoppers could pick up their purchases at a Whole Foods store near them the same way they're doing under the AmazonFresh Pickup program.

Mackey expects Whole Foods to adopt the Amazon mantra focused on long-term growth and a better customer experience rather than concerns for short-term profits that please investors.

More news: Inter Milan 'preparing to offer Ivan Perisic new deal'
More news: London mosque terror attack suspect named
More news: Trump Praises India's Modi for Purchases of US Armaments

Jeff Bezos, Amazon's founder and chief executive, said his company wasn't looking to replace legacy supply-chain companies. "People don't know what they're having for dinner when they leave the office at the end of the day and don't have it in the refrigerator". Mackey had slammed the hedge-fund investors in an interview with Texas Monthly, calling them "greedy bastards" who were only interested in making a quick buck on the sale of the company. "If there ever was a time crunch, I'd consider it", he said.

Becoming a bigger player in the grocery space is a logical ambition for Amazon as the market is a $600bn a year business. Amazon was going nowhere in the US, while in the UK it tried to do a deal with upmarket retailer, Waitrose to be its grocery supplier, but was told to "go away" and Amazon signed with WM Morrison - the 4th biggest UK grocery chain.

Whole Foods now has 431 stores nationwide ― and it is a beloved option for organic produce and local products already.

In the meantime, other retailers are getting into the delivery game by teaming up with startups.

In the past two years, it has leased 20 Boeing 767 air cargo jets from Atlas Air Worldwide Holdings, won shipping licenses that allows it to pay for containers at wholesale rates and rent them out for more expensive retail rates, and added thousands of long-haul trucks emblazoned with the Amazon logo.

Another potential shakeup said to be coming is in inventory management.


  • Hirving Lozano seals Mexico win to send Russian Federation out of Confederations Cup

    John Sutcliffe checks in after Mexico's 2-1 win, and how Juan Carlos Osorio, and the team can build off it moving ahead. Mexico had a second-half goal by the defender Héctor Moreno disallowed for offside after video review.
    Budget estimate shows Senate GOP bill is not about ObamaCare repeal

    Budget estimate shows Senate GOP bill is not about ObamaCare repeal

    The governor's office said Pennsylvania would need $3 billion to cover the added costs of the GOP health plan requirement. The group also is preparing radio and television ads to run ahead of the vote, which could come at the end of this week.
    Russia, upping pressure on Telegram app, says terrorists use it

    Russia, upping pressure on Telegram app, says terrorists use it

    He also said that Telegram would not hand over its encryption keys, arguing that this demand violated the Russian constitution. In a nation such as Russian Federation , apps that offer high levels of encryption and privacy are bound to run into trouble.
  • 1 pick Fultz to turn 76ers into winners

    1 pick Fultz to turn 76ers into winners

    The sad part is that Fultz was the best prospect in the draft and knew where he was going with the No. 1 overall pick. He has missed 215 of a possible 246 games since being the No. 3 overall pick in the 2014 draft .

    Lakers GM compares Lonzo Ball to Brady, Rodgers

    The Lakers have missed the playoffs for four consecutive seasons. "We feel like we have that person right here in Lonzo Ball ". Let me know what you guys think of my opinions, and tell me what he need to do to keep up his string of good doings.
    Uber CEO Taking 'Undetermined' Leave From the Company

    Uber CEO Taking 'Undetermined' Leave From the Company

    Uber is now valued at approximately $70 billion, making it the highest-valued private technology company in the U.S. The board voted unanimously to adopt all of the recommendations of the report, according to a board representative.
  • Oil prices drop to 7-month low with 'disappointing' US demand

    Oil prices drop to 7-month low with 'disappointing' US demand

    Meanwhile, a bigger than expected cut in United States crude stockpiles reported overnight is also barely shifting the dial. Berentsen said that unless OPEC deepened cuts or there was a large, unexpected production stoppage, prices will remain low.
    Escaped Ga. Inmates Who Killed 2 Guards Captured In Tennessee, Police Say

    Escaped Ga. Inmates Who Killed 2 Guards Captured In Tennessee, Police Say

    The FBI announced a tip line and said pictures of the men and information about a $130,000 reward would appear in multiple states. The unnamed homeowner and a neighbor then held the two at gunpoint until the Rutherford County Sheriff's Department was called.
    Apple releases iOS 11 preview. Here's what's new

    Apple releases iOS 11 preview. Here's what's new

    This version of the iOS mobile operating system is what Apple called "a giant step for iPhone, a monumental leap for iPad". If you forget to tap on the thumbnail then iOS 11 will automatically save the screenshot to the camera roll like before.
  • Philando Castile Family Reaches $3M Settlement In Death

    Philando Castile Family Reaches $3M Settlement In Death

    In her livestream video, Castile's girlfriend, Diamond Reynolds , says that Castile was reaching for his wallet, not his gun. Yanez also said that he had smelled marijuana in Castile's vehicle and factored that in his quick decision to fire.

    Atkins (WS) (LON:ATK) Broker Price Targets

    The Firm rents a range of construction and industrial equipment across a range of applications to a diverse customer base. Deutsche Bank maintained Auto Trader Group PLC (LON:AUTO) on Tuesday, September 6 with "Hold" rating.
    Bill Cosby planning motivational speaking tour

    Bill Cosby planning motivational speaking tour

    Critics said it appears Cosby is attempting to train men in how to avoid legal trouble after they perpetrate sexual assault. He added that he believes most of the women who have accused Cosby of drugging and sexually assaulting them are lying.