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Report: Amazon Is Planning a Whole Foods Expansion to Benefit Prime Now
- PaulHoule 8y agoI dunno about that. It is one thing to put mall stores out of business because they aren't really competitive. (eg. nobody is going to cross-shop Victoria's secret and Target or American Eagle and Sears.) Heck, shopping at the mall is painful enough that I'm not going to cross-shop Old Navy and Target even though they are next door. Many purchases are episodic that vendors are inclined to play "Prisoner's Dilemma" games with their customers. For instance, there was a time when WalMart had $20 sneakers that were certainly worth more than 1/5 of a pair of Brooks that cost $100. (At that price I'd buy two different colors because I liked both) Once I got in the habit of going to WalMart to get sneakers they switched to styles and construction that was awful and I got another pair of Brooks instead. Grocery is competitive because you buy groceries every week so supermarkets have a strong incentive to keep you coming back by upholding their brand. That makes it much harder for Amazon to muscle in, whereas most of the stores at the mall have been coasting for years and until they started to fail they'd just say that people who think "mall stores suck" are just out of touch agoraphobic eggheads.
- sahin-boydas 8y agohttps://www.wsj.com/articles/amazon-plans-to-add-whole-foods-stores-11546178520 https://www.wsj.com/articles/amazon-plans-to-add-whole-foods...
- PaulHoule 8y agopaywall