“Amazon did not just buy Whole Foods grocery stores. It bought 431 upper-income, prime-location distribution nodes for everything it does,” tweeted Dennis Berman, the Wall Street Journal’s financial editor. Amazon is trying to become Walmart—not just an online megalith, but also a physical retail powerhouse with dynamic pricing and stocking strategies—faster than Walmart can become Amazon.Read more here.
Monday, June 19, 2017
"Amazon is trying to become Walmart faster than Walmart can become Amazon!"
Derek Thompson reports at The Atlantic on why Amazon bought Whole Foods.