Whole Foods Market (WFM) Message Board

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Non-Tech : Whole Foods Market (WFM)

WFM 41.99

0.0%

Aug 29 5:00 PM EST

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From: Sr K	1/29/2015 11:16:24 AM
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bloomberg.com Whole Foods, Half Off By Brad Stone Jan 29, 2015 . Robb has also spearheaded a partnership with San Francisco-based Instacart, which is to grocery delivery as Uber is to taxis. Customers order online, and a network of contract workers picks up the items and delivers the goods within a few hours. Companies such as Webvan and HomeGrocer tried food delivery and failed during the first dot-com boom. Now Amazon.com, Wal-Mart, and others believe consumers are comfortable enough with e-commerce to make it feasible. (Mackey predicts the capital-intensive AmazonFresh foray into grocery delivery will be “Amazon’s Waterloo.”) Whole Foods’ Instacart program is up and running in 15 cities. Mackey says he’s delighted with the results so far and professes not to be worried about the competition.

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