Wednesday, June 21, 2017

Amazon’s bid for Whole Foods sparks speculation on what it might gobble up next

Tom Forte, managing director of Maxim Group, has outlined 18 immediate opportunities for Amazon, including expansion into hardware stores, gas stations and pharmacies. But the most obvious targets, he said, are BJ’s Wholesale Club (which would come with a network of gas stations), Warby Parker (which could help Amazon get into the prescription-eyeglasses business) and Everlane (which has made a business being transparent about the pricing of its American-made apparel).

“For Amazon to move the needle, it’s got to be a very big idea,” Forte said, adding that he was wearing an $18 Everlane T-shirt. “They’re much more likely to acquire Everlane than, say, the Gap.”
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