"I invented that business model. Bezos must pay me homage..."
Posted on 03/13/2018 6:22:38 AM PDT by Red Badger
Most companies treat people like numbers. The Amazon break policy is pretty common in manufacturing.
“Whole Foods has been making some pretty piss poor business decisions lately. It’s mind boggling.”
I worked at WFM corporate headquarters. It’s still the late 60’s there.
I was just looking at the financials for Whole Foods.
What is clear is that its profit margins are not above the average for the supermarket industry as whole.
Yet, having shopped there, the prices of many things it sells are above average compared to elsewhere for similar items.
That leads me to think the higher prices at Whole Foods is not because it makes more money than other food markets, but that it pays more for many of the goods it sells. If that were not the case, if it was getting bargains from its suppliers and marking things up immensely, its net profits would be different, larger than they are.
That changes the picture for me about the Whole Foods suppliers complaints.
I never shop there, though I admit they HAD a good Business Model. They sure got the unwashed Hippies in, ‘The People’s Republik of Madistan’ to part with their grocery dollars, that’s for sure!
Oh, I’m sure that’s part of the plan. They’ll gut Whole Foods and keep what they want.
Then some other smart people will give the PUBLIC what it wants via some other means similar to Whole Foods.
PUBLIX.........................
Whole Food's parent, Amazon, of course, is a master — and fiercely protective of — its data management.
Doing business with Amazon - even as a small seller - always requires giving away your supplier information. And if what you are doing is profitable enough, they will immediately cut you out and make and sell your product themselves.
It was a genius scam to get thousands of small American companies to share their profitability secrets by offering a (largely false) promise of broad market exposure.
The Chinese business model....................
The whole point of Whole Foods used to be that they did not even stock products with a long list of undesirable ingredients. If one of the ingredients you didn’t want to ingest was on the list, you didn’t even need to read the products labels in their stores. I wonder if Bezos now wants to pare down the list of what Whole Food won’t stock, which as another FReeper said, flies in the face of the Whole Foods business model.
He probably has a ‘hobby’.
Our WF is located between a Bass Pro Shop and Lowes Building Materials...........
Not familiar with that store; we don’t have them here. But, good for them!
“Amazon wants to stock Coca-Cola into Whole Foods.”
There is a homegrown food co-op in my old hometown that went into debt to build a nice store downtown and ended up having to add people to its board which formerly consisted of long hair granola types.
The new members were bottom line oriented and voted in white bread, twinkies, coke and cheetos, etc.
The hardline tree huggers who shopped in the old store for over 30 years stopped doing business there.
Your post reminded me of a time I watched a young kid buy a $45 dollar bottle of truffle oil with an EBT card at whole foods.
"I invented that business model. Bezos must pay me homage..."
“I never saw a more entitled bunch, rushing hither and yon with no concern about bumping or cutting off other folks”
I go out of my way to annoy those folks.
Publix is the kind of store that charges $5.75 for a jar of Hellman’s mayonnaise, then puts a $2 coupon in their ads and tells you your saving $2 at checkout when you can get that same jar of mayonnaise at Walmart for $3.75 everyday..............
Needed a couple of odds-and-ends at Christmas, and couldn't get near the local grocery (literally, no parking spaces. Lines to get in the door). Instead, I went to Publix, walked right in, picked up the 3 things that I wanted, stepped through the checkout - no waiting - and walked out.
Sez me, if a grocery store is empty right before Christmas, it won't be in business long.
Publix is literally within walking distance of my house, but we shop at Winn-Dixie or Walmart, or Big Lots, unless it’s just a ‘couple’o things’...................
..and another thing they, Publix, do is fake ‘BOGO’ stuff.
You’re actually paying for two of whatever it is, they just double the price on the sign...............
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