"Amazon expects to reduce headcount and change inventory to lower prices and make Whole Foods competitive with Wal-Mart Stores Inc. and other big-box retailers."
That's a huge change. You go into Whole Foods, and it's mostly good-looking, thin people, not the wide loads and screaming kids of Wal-Mart. If Amazon wasn't looking to go upscale and high-margin, what did they buy Whole Foods for?
That's a huge change. You go into Whole Foods, and it's mostly good-looking, thin people, not the wide loads and screaming kids of Wal-Mart. If Amazon wasn't looking to go upscale and high-margin, what did they buy Whole Foods for?