Whole Foods Is Screwed

Amazon made a rare bad move with its ecosystem [View in browser]( [The Juice Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Top Internet Retail Stock Searches This Month Rank Name Searches #1 Amazon.com 204,930 #2 Alibaba 67,335 #3 JD.com 15,284 #4 MercadoLibre 11,420 #5 Etsy 8,865 #ad [One of the top growth stocks to watch in 2023]( Brought to you by [Upexi]( [This Could Be Your Biggest Trade For 2023?]( [Upexi - This Could Be Your Biggest Trade For 2023?]( This under-the-radar company is one of the top growth stocks to be watching in 2023. Now may be a critical time to have your eyes on this emerging NASDAQ company, a multifaceted brand owner with established brands in the health, wellness, pet, beauty, and other growing markets. It announced recently that its children's toy brand will expand its retail presence nationally through 2,000 Walmart stores, a major milestone for the brand and may prove to be the best year in its history. It doesn’t stop there; this company has been on a rampage announcing big developments left and right including several high-value acquisitions. A most recent acquisition is expected to help the company generate $100 million in sales for 2023! The company also announced its financial results for the fiscal 2023 first quarter, revealing that revenue increased 199% YOY. The second quarter was a record quarter! [See why this under-the-radar NASDAQ company is proving to be a long-term winner.]( Whole Foods Is Screwed The other day a Juice staffer was in line at Amazon.com (AMZN)-owned Whole Foods. The following interaction ensued. The cashier asked the person at the front of the line, Are you an Amazon Prime member? The person responded with hell, no! The Whole Foods (and, by corporate association, Amazon employee) said, good answer! Our staffer was next. With his phone out and Whole Foods app open, the cashier asked if she could scan his Amazon Prime Membership QR code. Our staffer’s response: Yes. I’m ashamed to admit I’m an Amazon Prime member. This story adds credence to anecdotes we hear from across the country. That Whole Foods employees hate working for the company ever since Amazon took over. And they hate Amazon - as an entity - even more than they hate working for Whole Foods. As evidenced by this lackluster customer service. Clearly, the Whole Foods-Amazon marriage isn’t working well. As much as we hype Amazon’s ecosystem (and [use it as a model to express our love]( for Uber (UBER) and [DoorDash]( (DASH)), Amazon messed up here. It took on a notoriously rough grocery store business model in exchange, for what, a place for people to pick up and drop off their packages? Makes no sense. Further proof: - Whole Foods recently closed its Downtown San Francisco location, after roughly one year, citing safety concerns. While this part of SF has its problems, Whole Foods appears to be using safety as an excuse for its poor decision to locate in an area that simply can’t support another Whole Foods. Sort of like Walgreens (WBA) blaming theft and safety when it closed a bunch of under-performing stores in the same city. - Whole Foods recently took away a perk from Amazon Prime members. If you order grocery delivery from the chain, you’ll pay a $9.95 service fee. - Whole Foods is also laying off several hundred corporate employees, joining parent Amazon who is also slashing jobs. [Power Your Portfolio With Alternative Investments]( Cryptos… commodities… real estate… startups… They can help you make a fortune. But it’s hard to figure out which to invest in. Ready to learn how to take your investments to the next level? [Click here to sign up.]( The Bottom Line: Here’s a key question. Given the choice, are you shopping at Whole Foods or Trader Joe’s? We’re willing to be an increasing number of people are saying the latter. Because it’s a better and, with inflation a persistent issue, a less expensive option. This does not bode well for Whole Foods or Amazon. So, we ask again? What is Amazon getting out of its Whole Foods acquisition? As the dust settles, this feels like a rare bad move by Amazon. A deal that has ended up being more trouble than it’s worth. While this doesn’t mean it’s time to run away from Amazon stock (which is up about 20% YTD), it does mean investors should proceed with caution because, at Amazon, a synergistic ecosystem is everything. 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