Ever since they opened a warehouse in Texas I've had to pay sales tax on my Amazon purchases, resulting in me now often buying stuff elsewhere without sales tax and free shipping. So Amazon has begun losing business from me over that 8% sales tax difference.
Best Buy, Walmart etc already price matching Amazon and also offering instore pickup/delivery. Now with Whole Foods locations, Amazon will be charging sales tax to everyone. Effectively raising all prices by 3-8% to sell bananas face to face.
While amazon may increase sales considerably from brick and mortar grocery/product stores, this is also a move which directly impacts their core business model (cheaper online, tax free, free shipping). Do you think this move might lose considerable enough business long term, opening their core to online competitors who don't charge sales tax to the point it impacts their bottom line?
Submitted June 17, 2017 at 01:39PM by CaptCoffeeCake http://ift.tt/2sEsRAW
