Posted on July 26, 2017
When Jeff Bezos, the founder, chairman, and CEO of giant online retailer Amazon.com, Inc., paid $250 million for the money-losing Washington Post in 2013, market analysts downplayed the purchase as little more than a bored techie billionaire using pocket change to buy a hobby.
They were wrong. Bezos buys businesses, not hobbies.
By 2015, the Post had […]
Posted on May 13, 2014
Walmart, the elephant of American food retailing, announced April 10 that it plans to bring its clout, cash and vegetable crispers to the American pea patch this year and bigfoot its way into the still-growing U.S. organic grocery business.
The news sent Wall Street motor mouths into overdrive. Walmart’s entrance into organic grocery retailing, they breathlessly […]