Jeff Yastine: Amazon and Whole Foods Merger
Jeff Yastine is the editor of Total Wealth Insider. He has only worked for Banyan Hill Publishing Company for around two years however he has several decades worth of experience as both a stock market investor and financial journalist. He originally entered the mainstream during his work on the PBS publication The Nightly Business Report from 1994 until 2010. During his time working on The Nightly Business Report, he received an Emmy nomination for his work regarding infrastructure in the United States of America. Today Jeff Yastine primarily spends most of his time working writing investment advice columns where he informs his readers about the potential investment opportunities that he believes will lead to serious gains. Visit the website jeffyastineguru.com to learn more.
He has posted a video that went viral where he described an investment that he referred to as Kennedy Accounts a unique way for you to purchase stock in companies. He has also recently posted about investment opportunities in the cybersecurity industry and even on Internet retail giant Amazon and potential competitors of the company.
Last June Amazon purchased Whole Foods for $13.7 billion. At the time Jeff Yastine posted a controversial statement that he believed that the purchase would not work out well for the company. Since then there have been several announcements that individuals have noticed a decline in the quality of Whole Foods. Jeff Yastine leaves that this is just one of the first signs that this partnership will not work out as well as investors had anticipated. Follow Jeff Yastine at stocktwits.com
If you look into recent announcements made by the insiders of the company it does seem that integration between the two corporations is occurring at a pace that is slower than expected. Jeff Yastine believes that the corporate culture is significantly different between the two companies and lead to further difficulties into the future. Amazon typically has a focus on low-cost products whereas Whole Foods has focused on employee happiness and overall customer satisfaction.
Currently, there has only been around a 1% decries in the total cost of goods after the acquisition by Amazon of the grocery store chain. However, since the original announcement of the merger Amazon has experienced around an 18% increase in their stock value. Many of the promises that Amazon has made have yet to be seen implemented. Jeff Yastine believes that Amazon could have made a better deal just acquiring large numbers of real estate in developing their own unique grocery store chain. Learn more: https://affiliatedork.com/banyan-hill-publishing-investment-advice