Whole Foods

Retail Asia04/02/2019

The latest Amazon results are positive – but there is now a clear divergence in performance between the top and bottom lines. On the profit front, Amazon’s results are impressive. Net income increased by 63.1 per cent and operating income by 78 per cent. Much of this is coming from the AWS segment, where income […]

Retail Asia03/01/2019

Nearly a year-and-a-half after Amazon acquired Whole Foods for approximately US US $13.5 billion, things are about to start changing. Amazon is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, The Wall Street Journal reported this week. The report says Amazon has been scouting locations for bigger […]

Retail Asia07/09/2018

Amazon briefly became the second US company to join the trillionaires club overnight. Like Apple just one month ago, Amazon’s market capitalisation has exceeded US$1 trillion. Neil Saunders, MD of GlobalData Retail, described the achieved as “extraordinary” after just 24 years in business. “That Amazon has achieved this demonstrates its dramatic advancement in both the […]

Retail Asia24/07/2018

Thanks to Amazon and Whole Foods, a new kind of locker talk could be sweeping the grocery sector, and it centers on how much can be bagged in a five-minute window. Micro-shopping trips, defined as trips that take less than five minutes, are becoming increasingly common thanks to grocery services that let customers order online […]

Retail Asia13/02/2018

Ever since Amazon spent $13.7 billion on Whole Foods in June 2017, theories have been swirling as to why the world’s biggest e-commerce firm would get into the old-time business of selling groceries in stores. Now it is becoming clearer that what Amazon really wanted was a slice of real estate closer to consumers, to […]

Retail Asia06/02/2018

Amazon’s quarterly profit reached a record US$1.86 billion in the three months to December 31, fuelled by millions of new customers to its Prime fast-shipping club. There was also a provisional $789 million boost to its bottom line from the US government’s tax bill which was passed in December. “This was another blow-out quarter for […]

Retail Asia30/01/2018

Looking to fight back against Amazon’s move into the grocery business, Cincinnati-based Kroger is reportedly eyeing an alliance with the Seattle juggernaut’s nemesis: China’s Alibaba. Industry speculation has Kroger exploring everything from a technology alliance to an outright acquisition by the Hangzhou-based tech company. Such an epic takeover – which could easily top $50 billion – […]

Retail Asia23/11/2017

This week’s Alibaba-Sun Art deal is a major step in the development of a new retail landscape in China, write Wai-chan Chan and Jacques Penhirin of Oliver Wyman. This is not a “real estate play” with Alibaba buying 446 grocery stores, but shows how serious Alibaba are in developing the “new retail” model combining the […]

Tag: Whole Foods

Behind Amazon’s 63 per cent income rise

Amazon to expand Whole Foods, open more stores

Amazon joins Apple in trillionaire’s club

Know more about Amazon’s 5-minute shopping trip

Amazon unveiled its plans for Whole Foods

Amazon posts largest profit in its history on sales

Alibaba and Kroger in talks

Another Alibaba major step in China retail