Whole Foods Archives - Inside Retail Singapore
The latest Amazon results are positive – but there is now a clear divergence in performance between the top and bottom lines.
Amazon briefly became the second US company to join the US trillionaires club overnight.
E-commerce giant reportedly interested in 350-store chain.
Amazon’s quarterly profit reached a record US$1.86 billion in the three months to December 31.
Amazon’s Wholefoods takeover has received regulatory approval, clearing the way for the biggest retail deal of the year to proceed.
Amazon’s US$13.7 billion bid for Whole Foods, the up-scale US grocer, “makes sense, but doesn’t come without risks”.
Discounting and falling volumes fuel gloomy Target US sales figures for the first half year.