Thread Number: 71408  /  Tag: Other Home Products or Autos
Amazon Should Forget Whole-Foods
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Post# 944854   6/23/2017 at 13:02 by mrb627 (Buford, GA)        

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And buy Sears!

Thoughts?

Malcolm





Post# 944855 , Reply# 1   6/23/2017 at 13:07 by kb0nes (Burnsville, MN)        

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As much as I DESPISE Amazon, they know what it takes to turn a profit. Everybody eats so the Whole Foods thing will likely work.

Sears has no reason past nostalgia to exist today.


Post# 944858 , Reply# 2   6/23/2017 at 13:39 by panthera (Rocky Mountains)        
On this we agree

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Though I shall continue to boycott Whole Foods as long as that in-duh-vi-dual runs it.


Post# 944865 , Reply# 3   6/23/2017 at 14:45 by Iheartmaytag (Wichita, Kansas)        
Unfortunately

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Sear's is a lost cause. 

Just announced they are closing another 232 stores, 20 more than anticipated.  Looks like they are just sitting in the bowl waiting for the final flush. 

 

As for the Amazon, I think it is a brilliant move on their part.  This acquisition immediately gives them thousands of distribution centers in local communities to do fast food deliveries.  

 

Dillon's and Wal-Mart are both starting pick up from you car services in our area.  Wal-Mart is also talking about delivery services in a limited area.  This will be a boon for Elderly and disabled that are unable to shop and drive.  Kind of a step back in history where the grocery boy delivers to the house.  

 

Wait-Wait. The whole internet thing is just like a speeded up mail order of yesteryear.  Sear's had experience in this area, they just failed to evolve. 


Post# 944868 , Reply# 4   6/23/2017 at 15:02 by rp2813 (The Big Blue Bubble)        

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Agreed.  Amazon already is the new Sears, without the need to kill trees to print up giant catalogues.


Post# 944870 , Reply# 5   6/23/2017 at 15:09 by firedome (Binghamton NY & Lake Champlain VT)        
just announced this morning...

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our Sears is one of the additional 20 scheduled for closing. Macy's in the same mall closed just 3 months ago, so only Bon-Ton and Penneys are left as anchors... our mall is circling the drain.

Post# 944887 , Reply# 6   6/23/2017 at 16:32 by mrb627 (Buford, GA)        
But but...

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Sears closing brick and mortar and selling exclusively through Amazon would be a smart move...

Malcolm


Post# 944889 , Reply# 7   6/23/2017 at 16:35 by Iheartmaytag (Wichita, Kansas)        
Sear's offers no value

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to Amazon.  Amazon is already selling, and can get all the merchandise save for the Kenmore name, which they could buy upon Sear's death.    Everything else they could buy from the supplier or do third party sales as they do now.

 

 

 


Post# 944890 , Reply# 8   6/23/2017 at 16:43 by twintubdexter (Palm Springs)        

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I for one love Amazon. If they cause the demise of brick & mortar stores then so be it. Like Petula Clark sang, "It's a Sign of the Times". Nothing would make me happier than to see over-priced junk stores like Macy's get flushed down the toilet. A victim of becoming too big for their britches, all I ever heard from them during the years I worked there was that they wanted and expected more of everything, especially money. Executives and staff associates were run through the wringer over and over. I quit after attending a meeting during which Ed Finklestien, then CEO, was asked why he wanted to  take the successful Company private to which he answered "because I'm sick and tired of having people looking over my shoulder and having to report everything I'm doing". It was the beginning of the end for R. H. Macy & Company.


Post# 944922 , Reply# 9   6/23/2017 at 20:52 by cuffs054 (GA)        

Malcolm, I like the way you think!


Post# 949138 , Reply# 10   7/20/2017 at 16:37 by Iheartmaytag (Wichita, Kansas)        
Malcolm

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Just saw this article.  It appears that an Amazon/Sears courtship has begun .

 

I apologize, you are much more insightful than I.

I was, however, partially correct.  Amazon has everything except the Kenmore name.  Now they are selling that. 

 

 



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Post# 954325 , Reply# 11   8/24/2017 at 08:38 by CleanteamofNY ((Monroe, New York)        
Shrug your shoulders and shake your heads.....

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Sears freefall: sales decline another 11.5%

Charlie Riedel/AP

 

Sales at existing Sears locations fell by 11.5% in the second quarter, underscoring the rapid decline of a business that once defined the cutting edge of American retail, even as the loss came in below investor expectations. Its dismal performance has forced the firm to sell its most valuable assets, namely its real estate holdings and brands like its Craftsman line of power tools, which it let go to Stanley Black and Decker last year for $900 million.

Why it matters: There is little doubt left that the only two viable options for nationwide retailers is to go all in on massive scale combined with rock-bottom pricing and convenience, as Amazon and Walmart are doing, or to go after the affluent shopper whose disposable income is, on average, growing rapidly. That's the tack taken by LVMH, the owner of the popular cosmetic store Sephora and luxury retailer Louis Vuitton.



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Post# 954327 , Reply# 12   8/24/2017 at 08:54 by CleanteamofNY ((Monroe, New York)        

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The killing of Sears is more than closing stores but workers pensions are protected!

WOW!

 

One bright spot came in Sears' reduced pension liabilities.

In May, Sears annuitized $515 million in pension liabilities with MetLife Inc. (MET) , which is now responsible for paying benefits to 51,000 Sears retirees. Beginning this month, MetLife will also pay pension benefits worth another $512 million to an additional 20,000 Sears retirees. The moves come a year after Sears entered into a five-year agreement with the Pension Benefit Guaranty Corporation (PBGC) agreeing to ring-fence assets to protect pensioners. Sears is released from the ring-fencing if it reports an 85% funded pension plan in November 2017 and 2018.



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Post# 954328 , Reply# 13   8/24/2017 at 08:59 by Tomturbomatic (Beltsville, MD)        

Excuse me, but what's a Bon-Ton?

 

Thank you.


Post# 954428 , Reply# 14   8/25/2017 at 05:25 by toploader55 (Massachusetts Sand Bar, Cape Cod)        

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Tom...

They are a department store in Pa. like Hess used to be.

www.bonton.com/...

en.wikipedia.org/wiki/Hess%27s...


Post# 954450 , Reply# 15   8/25/2017 at 08:47 by joeekaitis (Rialto, California, USA)        
Shaking off the "Whole Paycheck" image . . .

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. . . and possibly adding another stop for the cost-conscious.



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Post# 954460 , Reply# 16   8/25/2017 at 10:53 by vacerator (Macomb, Michigan)        
Grocery margins

aren't like with durable goods, so I expect Amazon to operate Whole Foods as a loss leader in a way to lower food prices.
One market watch speculator said this morning it's a warning for Kroger, etc.
I don't know. Food is food. Organic or not, it all has to be grown, harvested, canned, packed, shipped, and at some point stored for at least a day, usually more.
It all costs money.Larger chains have buying power. The big companies all have decentralized logistics and storage by now, so with Amazons network, Whole Foods will as well. I think that's why the FTC decided not to block the merger.
Amazon/Whole foods will be subjected to the same conditions which affect the cost of food nationwide. Weather, supply, transportation.
Kroger almost has a monopoly as it is with Ralph's, Smith's, Turkey Hill, and the number of smaller Banner's they have bought over the past decade they have incorporated as Kroger stores.
Aldi will be just fine. Seniors are not always fond of giant square footage stores. Having a huge selection of items isn't always better. Empty nester's don't shop as often, or need as much, so they don't drive all over town picking the sale items from three different stores.





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