Whole Foods Eyes E-commerce: Analyst
AUSTIN, Texas — Whole Foods Market here could be eying an e-commerce launch, according to an analyst report on Friday.
Kate Wendt, a San Francisco-based analyst with Wells Fargo Securities, said in the report that the natural and organic specialist had filed several trademarks in January “that point to a potential move toward mobile, e-commerce, store pickup and delivery.”
She said she believes Whole Foods could launch the service in nonfood areas such as vitamins/supplements and natural HBC, before expanding into grocery product.
“Would Whole Foods be successful in the e-commerce or grocery delivery landscape? We think the answer is yes,” Wendt said in the report, citing the following reasons:
Read More: http://supermarketnews.com/retail-amp-financial/whole-foods-eyes-e-commerce-analyst#ixzz2JvJSULR8
= new reply since forum marked as read
