Fred Hickey

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Last quote by Fred Hickey

Amazon is an internet company, not a low-margin bricks & mortar grocery company. It's a concern that Amazon could get bogged down with Whole Foods, a struggling chain of 450 grocery stores. AmazonFresh was supposed to be their vehicle to move into that business. In their never-ending search for growth, Amazon seems to be moving further & further afield from their core competency.feedback
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Jun 16 2017 Amazon
This page is completely dedicated to what Fred Hickey has to say. All of Fred Hickey’s quotes are organized here by date and topic. The most recent quote attributed to Fred Hickey came from an article called Early take: Wall Street loves Amazon's $13.7 billion deal to buy Whole Foods: “Amazon is an internet company, not a low-margin bricks & mortar grocery company. It's a concern that Amazon could get bogged down with Whole Foods, a struggling chain of 450 grocery stores. AmazonFresh was supposed to be their vehicle to move into that business. In their never-ending search for growth, Amazon seems to be moving further & further afield from their core competency.”.
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