OT Amazon has officially taken over Whole Foods and are said to be slashing prices on groceries.

Discussion in 'Blazers OT Forum' started by BigGameDamian, Aug 28, 2017.

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  1. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

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    2 of them there now. One in Eastport Plaza. Don't recommend that one. And one over in the Clackamas area on 82nd.

    They have one in Wood Village too. @HCP loves going out to the burbs'
     
    JFizzleRaider, Aug 29, 2017
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  2. kingslayer

    kingslayer Well-Known Member

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    There's one that opened near Delta Park about 5 years ago as well and it's just as depressing as its 82nd counterparts.
     
    kingslayer, Aug 29, 2017
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  3. santeesioux

    santeesioux Just keep on scrolling by

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    You guys don't want to go to Walmart, the one we have is where everyone gets stabbed, robbed, and beat up, especially after dark. Fred Meyer is much classier.
     
    santeesioux, Aug 29, 2017
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  4. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

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    Yeah I prefer Target or Fred Meyer for that kind of stuff for sure.
     
    JFizzleRaider, Aug 29, 2017
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  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    One must wonder if they make Whole Foods more accessible if the hot girls will stop going there, which is the main reason people go there in the first place.
     
    EL PRESIDENTE, Aug 29, 2017
    #25
  6. Shaboid

    Shaboid Well-Known Member

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    True story, nobody gives a flying fuck.
     
    Shaboid, Aug 29, 2017
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  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I don't even own a TV.
     
    EL PRESIDENTE, Aug 29, 2017
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  8. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Worked the Walmart Open, an LPGA event in Rogers, Arkansas once. That's the headquarters of Walmart. They have a damn museum there. My hotel had about 3 right around it, just didn't go. There's a reason they are everywhere right? Everything is super cheap I'm sure.
     
    THE HCP, Aug 29, 2017
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  9. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Shut up fool! You do!
     
    THE HCP, Aug 29, 2017
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  10. santeesioux

    santeesioux Just keep on scrolling by

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    Its pretty much THE redneck hangout spot, modern mall of small rural areas. I'm not a snooty person, but I always felt dirty when I walked around in one.
     
    santeesioux, Aug 29, 2017
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  11. KingSpeed

    KingSpeed Veteran

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    Amazon is much bigger than Walmart.
     
    KingSpeed, Aug 30, 2017
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  12. stampedehero

    stampedehero Make Your Day, a Doobies Day Staff Member Moderator

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    Amazon will be or already is in the billion dollar assets status. I'm glad they took over Whole Foods as they catered to the rich and a $7.00 cup of soup is absolutely ridiculous. Competitors have the market share simple based on lower item costs for the consumer. Now, we can finally quit calling WF Whole Paycheck! 802b301efe918ac817e636f55e93d0c4.jpg
     
    stampedehero, Aug 30, 2017
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  13. HailBlazers

    HailBlazers RipCity

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    HailBlazers, Aug 30, 2017
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  14. Sinobas

    Sinobas Banned User BANNED

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    I love Whole Foods, easy parking, short lines, no crowds. Stores are always neat, clean and have a good vibe.

    Getting Amazon prime benefits is just a bonus.
     
    Sinobas, Aug 30, 2017
    #34
  15. PtldPlatypus

    PtldPlatypus Let's go Baby Blazers! Staff Member Global Moderator Moderator

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    No, they're not. Walmart is bigger, and it's not close.

    At their last quarterly filing, Amazon had 87.8B in assets and 23.2B in equity.
    At their last quarterly filing, Walmart had 199.7B in assets and 76.1B in equity.

    At their last fiscal year end, Amazon had 136.0B in revenue and 4.2B in operating income.
    At their last fiscal year end, Walmart had 485.9B in revenue and 22.7B in operating income.

    Amazon can't sniff Walmart's jock.
     
    PtldPlatypus, Aug 30, 2017
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  16. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    Is this similar to the rumor that Damian drinks like a fish?
     
    julius, Aug 30, 2017
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  17. andalusian

    andalusian Season - Restarted

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    This is all true - but Amazon's market value is bigger than Walmart and it will likely continue to grow much much faster than Walmart - for a good reason.
     
    andalusian, Aug 30, 2017
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  18. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The comparison between Walmart and Amazon is significant, but not for their sales or valuations or assets, per se.

    Amazon is absolutely in growth mode, which implies massive investment of cash flows (and thus profits) in new infrastructure or buying companies like Whole Foods.

    But more significantly is the reach of these companies, and their effect on smaller businesses that have to compete.

    The reach is that they're both so dominant in terms of customers and geographic access that if Walmart refuses to carry a book or magazine, it's effectively censorship. That's been one of my issues with them all along. Same can be said for Amazon - if you can't find it or it's not suggested by searching their site, it doesn't exist for many people.

    The effect on smaller businesses is brutal. When Walmart would open a store in small towns (that was their initial business model), it would put the local bicycle shop out of business (one example of many businesses), because they can't compete on price.

    DVD.com was originally a pioneer in selling and renting DVDs online. Netflix got into the business and crushed them. Netflix eventually bought them, most likely just to have the URL.
     
    Denny Crane, Aug 30, 2017
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  19. andalusian

    andalusian Season - Restarted

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    To be fair tho - Amazon is also an enabler of small businesses - just different small businesses. Their platform allows many small businesses to get to market with distribution they would never get otherwise - and I am not even talking about their cloud services clients - just regular retailers. There are tons of services that would not exist if it was not for their marketplace services.

    Of course, if you add the AWS business - Amazon is probably one of the biggest reasons thousands of businesses exist.

    I believe this is also the reason Amazon will overtake Walmart in volume and not just valuation and influence in time - they are a services company first where Walmart is a retailer first.
     
    andalusian, Aug 30, 2017
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  20. BigGameDamian

    BigGameDamian Well-Known Member

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    So how's your half game?
     
    BigGameDamian, Aug 30, 2017
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