Gross is irrelevant here. Net profit is 2.85% - if Amazon drops by 5% and doesn'... | Hacker News

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		ikeboy on Aug 24, 2017 \| parent \| context \| favorite \| on: Amazon cuts Whole Foods prices Gross is irrelevant here. Net profit is 2.85% - if Amazon drops by 5% and doesn't introduce savings/efficiency, they will be losing money on Wholefoods.

bookmarkacc on Aug 25, 2017 [–]

They get a wealth of data for free though so 0% profit or marginal loss is still great for them.

icebraining on Aug 25, 2017 | [–]

For free? Pretty sure they paid quite a bit to buy it.

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