Orik Posted February 16 Share Posted February 16 14 hours ago, Anthony Bonner said: lord knows what Amazon is doing with Whole Foods, but whatever it is, it isn't hurting Kroger. I'm not sure they know what they'll do with it once Fresh gets closer to being fully operational. Quote Link to post Share on other sites
greenspace Posted February 16 Share Posted February 16 My guess is they start converting WF To Amazon Fresh Stores. It was a market intelligence and real estate deal all along. Quote Link to post Share on other sites
Anthony Bonner Posted February 16 Share Posted February 16 Or, and hear me out here, it was just a bad deal. Turns out grocery delivery at non premium prices isn't a super viable business. And it doesnt take much to convince people click and collect at no fee is a better deal for them than delivered. Quote Link to post Share on other sites
Anthony Bonner Posted February 16 Share Posted February 16 I have so many AMZN hot taeks. Quote Link to post Share on other sites
greenspace Posted February 16 Share Posted February 16 Yes, but Amazon Fresh stores are not delivery services- they are actual physical stores- and there are about to be alot more of them. Quote Link to post Share on other sites
Anthony Bonner Posted February 16 Share Posted February 16 I understand that. AMZN has never shown an ability to run physical stores nor is there some particular reason to think they should be better at it than incumbents. Quote Link to post Share on other sites
greenspace Posted February 16 Share Posted February 16 Man I don't want to argue this, and i have no horse in the game, but they are running physical stores, successfully some would say. And have just brought on a lead executive from Tesco to be SVP of physical stores. They are going to make a go of this and I wouldn't bet against their capital or ability to run a zero margin business ad infinitum. Read the linked article if you haven't. Quote Link to post Share on other sites
Anthony Bonner Posted February 16 Share Posted February 16 I mean. I've actually met the guy they hired a few times. Yes if you want to run a competitive business at zero margin you can succeed. That's true. Quote Link to post Share on other sites
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