Re:Amazon cuts Whole Foods prices
by fragsworth on Thursday August 24, 2017 @10:29PM
(#15095695)
Gross profit margin is not an appropriate indicator, you need to look at actual profit margin here: https://ycharts.com/companies/WFM/profit_margin
It's closer to ~3%.
When Amazon cuts costs, something about the way Whole Foods does business has to give.
https://ycharts.com/companies/WFM/gross_profit_margin
Bezos is famous for his mantra around "your margin is my opportunity" Amazon has a lot of margin available here for price reductions.
The economic signaling of WF's higher prices is a different topic entirely.