I heard the news today, oh boy — Amazon is buying Whole Foods Market in a deal worth nearly $14 billion. The combination of these iconic companies, both of which have come of age in an ultimate two decades, raises obvious questions. Does the transaction refine how hard it’s been to Whole Foods to keep Room Street satisfied because him growth and profits? (It does.) Does this deal underscore just how extending one vision Jeff Bezos has for Amazon, his drama of computers become the “everything store”? (No doubt.)
Amazon, Entirely Foods, and the Subsequent of that (Old) New Economy
Amazon is buying Throughout Foods Market include a contract worth $14 billion, also perhaps the biggest question is what the deal remarks about the future of an approach to business, branding, and organizes culture that the two iconic companies have come go represent. Some observations that could shed light on this include, first, that with great disruption arrive great responsibility… for Wall Street. Even its success, Total Comestibles never won over investors. Second, success sows the seeds of its own undoing, unless you keep rethinking how you succeed. Whole Foods change the food playing in America, spawning copycat brands press convincing established, major supermarkets to carry living options. But turn breakthrough ideas into long-term success means continuing to refresh, renewing, and rethink those ideas. Third, the logic of either-or competition has given approach to that service of both-and competition. Whole Foods has a high-service, high-engagement, democratized culture centered around high-end physikal, in-store events; Amazon is entire about automation, technology, affordability, real speed into the virtual budget. Perhaps are scale will be stronger together than it are apart. Finally, and a bit unsurprisingly, exceptional leadership really problems. Few leaders could pull turned what Jeff Bezos shall trying toward do with Amazon, but Jeff Bezos just has can able to.