Amazon Buying Whole Foods

• Laley23

  

  ...for $13.7B. Holy hell, that's a lot of cash.
• Ironman92

  

  That's sleeper cash there.
• Iliketurtles

  

  Laley23;1859294 wrote:...for $13.7B. Wholey hell, that's a lot of cash.

  FIFY
  
  But seriously that is a lot. And really interesting from them.
• Commander of Awesome

  

  I would think this helps their grocery delivery initiative go country wide.
• SportsAndLady

  

  Buying low. $13B is a lot, but not a bad price to snag Whole Foods and help with their grocery delivery initiatives.
• Commander of Awesome

  

  Amazon's market cap gains today exceed what's the company is paying for Whole Foods. Pretty crazy.
• Dr Winston O'Boogie

  

  Bezos is taking over the world...muhahahahahaha!
• gut

  Whole Foods was in pretty big trouble with every mom & pop and superchain bringing in organic (at much better prices). I haven't looked much at grocery delivery. Save me 10 miles round trip, plus driving and shopping time....that's probably worth $10 to me.
  
  Was looking at Whole Foods delivery the other day - think it was free for orders over $35 if you pay $99 annually (otherwise $4 a pop). Problem is, every other day delivery so my meat is fresh is $105 a week - I don't think there's $100+ of overpriced food I want from there (mostly I just buy fish there). Great deal for a family, not so much for a single person.
• gut

  Dr Winston O'Boogie;1859316 wrote:Bezos is taking over the world...muhahahahahaha!

  Haha....I might be a little nervous if I lived really close to a Whole Foods lest Bezos turn it into Warehouse Foods.
• Commander of Awesome

  

  Crazy fact: AWS has as much revenue as the national football league