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.

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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.


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