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
Food Major – Diversified
Drug Stores (they sell food too)
Aluminum (less cans, less demand for aluminum, fucked)
REKT. The deflationary vortex that is Amazon strikes again.If you enjoy the content at iBankCoin, please follow us on Twitter