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$13.7B / 431 = $31.79m per store. I have zero experience with real estate prices for retail outlets, but it feels as if that's a bit on the high end?
by ckastner 9y ago
$13.7B / 431 = $31.79m per store. I have zero experience with real estate prices for retail outlets, but it feels as if that's a bit on the high end?
- kgwgk 9y agoThey only own 18 of those stores, anyway.
- blantonl 9y ago* distribution network * store stock * employees * high end real estate Sounds like a great deal for Amazon
- needlessly 9y agoyou can't really buy employees. They can choose to quit right after.
- InitialLastName 9y ago* High-end food brand to sell from
- clarkmoody 9y ago* Customer goodwill * Company brand
- dgudkov 9y agoIt's not just per store, it should also include all the logistics infrastructure -- warehouses, truck fleet, etc.
- mbell 9y agoLast I knew (a few years ago) whole foods outsourced most of their logistics. They do have distribution centers but don't own the trucks nor related tech. In general this is a good thing, you don't want to run/own trucks unless you really have to, it's a very thin margin game that is easy to lose your shirt playing.
- artursapek 9y agoThere's a lot more than real estate involved in this deal.
- cma 9y agoAre they all even owned or are some leased?
- webXL 9y agoThat's an interesting way to view it. Apple's incredible revenue/profit per sq.ft. statistic comes to mind. This isn't a real estate investment. They're buying capital to increase profits. But it's Amazon, so don't hold your breath.