Reviving “The Milkman Model” for the Grocery Business “Costco is the latest retailer to see dips in its stock on the news that Amazon’s buying Whole Foods for $13.7 billion.” –Fortune.com [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other...Read More
The World’s Biggest Non-Profit (or is that, “No-Profit For-Profit?) “Pred·a·to·ry pric·ing” (noun): pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market. –Wikipedia “Meager as Amazon’s 2013 profits were, they represented a small improvement from 2012, when it actually lost money. Even with the...Read More
