Re:Pharmacies take a $10B hit as Amazon lands Whole Foods deal
by amelius on Friday June 16, 2017 @03:04PM
(#14571795)
Relevant quotes:
> Whole Foods doesn't have a pharmacy, though it does sell vitamins and supplements. That means that Amazon's entrance into the pharmacy business, at least at a brick-and-mortar-level, might not be immediate.
> "We recognize that the sheer establishment of a physical presence is likely to give pause to those more concerned by the Amazon risk but note that Whole Foods does not have pharmacy and therefore is less likely to serve as a specific conduit towards driving whatever Amazon’s eventual pharmacy strategy might be," UBS said in a note.
> Whole Foods doesn't have a pharmacy, though it does sell vitamins and supplements. That means that Amazon's entrance into the pharmacy business, at least at a brick-and-mortar-level, might not be immediate.
> "We recognize that the sheer establishment of a physical presence is likely to give pause to those more concerned by the Amazon risk but note that Whole Foods does not have pharmacy and therefore is less likely to serve as a specific conduit towards driving whatever Amazon’s eventual pharmacy strategy might be," UBS said in a note.