Sample Details
Topics
Subjects
Business
Company Analysis
Type
Essay
Reviewed by
IvyPanda Team
Pages
1
Words
297
Facts about Topic
Date of foundation
July 5, 1994
Headquarters
Seattle, Washington, U.S.
Founder
Jeff Bezos
Industry
Artificial intelligence,
e-commerce,
self-driving cars,
consumer electronics,
cloud computing,
entertainment,
digital distribution,
self-driving cars
Area served
Worldwide
Products
Fire TV,
Kindle,
Fire Tablet,
Fire OS,
Echo
Services
Amazon Studios,
Amazon Video,
Amazon Prime,
Retail goods and stores,
Amazon Web Services,
Amazon Publishing
Famous because of
The company began as an online retailer and is now a powerhouse in cloud computing operations.
Interesting facts
Jeff named Amazon as “cadabra”, short of magic term “abracadabra”
Website
amazon.com

Amazon Company’s Acquires of Whole Foods Essay

Exclusively available on Available only on IvyPanda® Written by Human No AI

Several aspects should be mentioned in terms of Amazon’s purchase of Whole Foods. First of all, it is a good move for Amazon. Being one of the greatest companies that provide different online services, it also tends to enlarge the sphere of its influence and conquer new markets. The companys CEOs perfectly realize the fact that stagnation means collapse. That is why the given deal will help to attract new customers and increase the companys revenues significantly. Furthermore, the process of the buyout will alter the online grocery industry significantly.

Amazon possesses numerous resources to align the online delivery of different goods. Moreover, it could use drones to assure that a customer will acquire his/her order as soon as it is possible. All these factors will result in the radical changes in the online grocery industry and all companies functioning in the given sphere will have to create similar approaches to be able to compete with Amazon and attract customers. This deal will stimulate the industry, and the wide usage of innovations could be expected.

Whole Foods is also a powerful company that has its target audience and a stable level of income. It is another factor that contributes to the potentially high incomes and guarantees success for Amazon in case it manages to preserve the brands image and support its further evolution. As for Whole Foods, the deal is not as good as for Amazon because the company loses its independence. At the same time, it is not the worst variant as Whole Foods is allowed to preserve its current name and other peculiarities that differentiate the company for the best ones. Under these conditions, Amazon managed to make a good move that will alter the image of the online grocery industry.

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IvyPanda. (2020, September 6). Amazon Company's Acquires of Whole Foods. https://ivypanda.com/essays/amazon-companys-acquires-of-whole-foods/

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"Amazon Company's Acquires of Whole Foods." IvyPanda, 6 Sept. 2020, ivypanda.com/essays/amazon-companys-acquires-of-whole-foods/.

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IvyPanda. (2020) 'Amazon Company's Acquires of Whole Foods'. 6 September.

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IvyPanda. 2020. "Amazon Company's Acquires of Whole Foods." September 6, 2020. https://ivypanda.com/essays/amazon-companys-acquires-of-whole-foods/.

1. IvyPanda. "Amazon Company's Acquires of Whole Foods." September 6, 2020. https://ivypanda.com/essays/amazon-companys-acquires-of-whole-foods/.


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IvyPanda. "Amazon Company's Acquires of Whole Foods." September 6, 2020. https://ivypanda.com/essays/amazon-companys-acquires-of-whole-foods/.

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