Now that Amazon is officially hell-bent on crushing its enemies by acquiring WFM for $13.7 billion, the food industry is in flux now — as Wall Street tries to sort out who will be eliminated from the game of play inside of the next two years. In a way, this is the ultimate revenge and ‘fuck you’ from Whole Foods to its competitors. They were the first to commercialize the organic food market, only to see their wonderful margins erode over time, as assholes like WMT/TGT/KR moved in to pick off their customers.
For some reason, Wall Street is construing this deal to be deleterious to overall food sales in general. To be honest, I have to agree. When you’re in the store, you get sold on buying shit, by the smells, the pageantry, the allure of aspiration, the sheer euphoria of being surrounded by a bunch of delicious food — especially near Thanksgiving. While online, people seem to think things through more — which might lead to an overall reduction in volume. Hence, suppliers of food might suffer — especially young start up brands.
Processed and packaged foods
BGS -5.2%
JBSS -5.1%
SNAK -5%
POST -4.5%
HAIN -4.3%
CAG -3.5%
FLO -3.2%
Meat Products
SAFM -3.7%
PPC -2.9%
HRL -2.4%
Food Major – Diversified
LANC -3.5%
CENT -2.9%
ANFI -2.6%
Drug Stores (they sell food too)
WBA -5.4%
CVS -4.3%
Aluminum (less cans, less demand for aluminum, fucked)
CENX -5.5%
AA -3.45%
Grocers (LOLz)
SFS -17%
SVU -12.6%
KR -11.3%
WMK -5.5%
SFM -5.2%
Discount Stores
TGT -7.4%
COST -5.9%
WMT -5%
PSMT -4.4%
DLTR -4%
DG -2.7%
Food Wholesale
UNFI -6.7%
SPTN -4.9%
CORE -3.9%
SYY -3.6%
REKT. The deflationary vortex that is Amazon strikes again.
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Robot kills
If this only made the fatties lose some lard, that’d be great….less stress on healthcare….but who am I kidding, lardies will stay lardy sows.
But, unhappily for them, they make it up in savings on SS and Medicare by dying young.
With drone delivery, they’re certain to never ever get off the couch.
Branded products coming down doesn’t make sense …AMZN isn’t going to threaten these brands …for political reasons.
Many big grocery shops will be eliminated. Convince and necessity likely to continue favoring neighborhood shops with the right feel. Exclusives like morals and rambutans get new souls in the door. Lots of local and clean help build loyalty.
Somebody has to stop Dr Evil. Thousands of rural folk work at Kroger to make ends meet, even though they hate the place.
Just a note on my target visit. Banned them at the beginning of the year only to have my wife send me there. Prices are up considerably. Not such great deals anymore. I entered the women’s bathroom and pissed everywhere. But I did notice they still had both a boy and girl kids clothing. Thought those were removed. From now on all the crap purchased at target will come from amazon pantry. MUCH lower prices and delivered to your door
Why would you piss on the floor of a bathroom? Are you mentally ill shit@#$? What the heck is wrong with you?
Unlike you I don’t sit down to piss. When you use the women’s bathroom you need to stand and some piss hits the floor. Im embracing their bathroom laws
You seriously can’t aim? What are you like 3 years old?
And I don’t use the woman’s bathroom.
Man, you really come across total loons on the internet. I never wanted to know these people exist.
I hate Whole Foods. There’s one right across the street from where I live, and the last time I went in there was when the cashier had half her head shaved and the rest was dyed green and I really wasn’t certain she was actually a she. These are the people they employ? No thanks. I’ll walk three blocks instead.
There are Anti-Trust Laws…..?
Absolutely nuts not to buy KR with both fists here. Over reaction much? Worst possible outcome is that AMZN buys KR too, and maybe UPS. Own both until that day.
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