Amazon has zero clue how to run a grocery store
I will enjoy watching Jeff Bozos run that company into the ground.
Amazon is living on borrowed time. Walmart is gradually taking them out. the Whole Foods buy was a bad business decision. It doesn’t have the market penetration to begin to compete with Walmart. Walmart’s buying power is probably only exceeded by the federal government. Amazon is trying to compete with an organization that’s almost ten time large and making a profit.
You could be right, but this decision wasn’t Amazon’s. From the article:
“This new policy was started prior to the chain’s recent purchase by amazon.”
They do actually. They’re running it just like Wally. Which is NOT why customers shop at Whole Foods. Wrecking the brand is generally not a good business model.
Amazon is buying a brand name and supplier netowrk, not a grocery store. That’s the problem.
One could concluded that the purchase of Whole Foods by Amazon was not about running the chain ...
Yep.
They could probably do fairly well running a food delivery service but they do not seem to have a grasp of the grocery store dynamic.
They should hire one of the Meijer Family to give them some pointers.
This new policy was started prior to the chain’s recent purchase by amazon.
Whole Foods says it adopted this new policy in order to save money.
Yes, it can be a challenge reading all the way to the second line of the excerpt.
The article said that Amazon did not start this idea. It does surprise me that Amazon has continued it however. Unless they don’t really want the retail store part of the business which doesn’t make sense.