AMZN and Staples Equities

Selected stocks impacted by Amazon acquisition of Whole Foods

Grocers

  • Kroger
  • Walgreens
  • Costco
  • Wal Mart
  • Target

Food

  • McCormick
  • Conagra
  • General Mills

Potential Interlopers

  • WalMart, Kroger, Albertsons
  • “I wouldnt be surprised if every grocery store has an emergency board meeting this weekend”

Considerations for Amazon deal

  • Ability to reach customers in high-income, urban areas, where it is traditionally difficult to reach customers (and not accessible by drone)
  • Acquisition of 431 distribution centers
  • WholeFoods is only 2% of total grocery market
  • Highly synergistic with Amazon fresh
  • Amazon did not hold a conference call post deal