Where Amazon is headed with whole foods
STRATEGY Paddy Padmanabhan, INSEAD Professor of Marketing, and Dominique Lecossois, Distinguished Fellow, INSEAD Emerging Markets Institute The search is still on for a viable omni-channel business model in the grocery industry. Amazon has been quietly making changes since its acquisition of Whole Foods for US$13.7 billion in August 2017. The early moves featured price reductions on various grocery staples […]
FedEx, UPS hit as Amazon ‘plots shipping expansion’
Amazon is reportedly embarking on a further expansion of its shipping services with a programme to pick up from companies that sell on its site. The firm is considering offering the service to other businesses as well, according to Wall Street Journal report. Investors dumped shares of existing shipping companies FedEx and UPS in response […]