#Latest news : Amazon will lose money on Whole Foods — but probably not for long

in #amazon7 years ago

Sometimes giving up something in the short-term can yield a big reward in the long-term. That’s the idea behind many of Amazon’s businesses, and that’s particularly true of the recent Whole Foods deal.

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I think that it will be a rough road for Amazon. I am guessing Whole Food's vendors will get significant pressure to lower prices, which could lead to other problems. As far as my grocery experience lately, my money is on ALDI's.

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