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Evidence receipt / preference

Published · transcript-backed

Ben Gilbert: preference

21 Jun 2017 Acquired Whole Foods Market

“At the end of the day, I think Whole Foods was the best one to buy because it is the best selection and the most premium customer segment and the most premium real estate.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
preference
Recorded
21 Jun 2017
Publisher
Acquired

Transcript context

…The rest of retail, yeah, absolutely. I don’t know. Like if they didn’t buy Whole Foods, will they have bought a different grocery store? If you look at Albertsons bought Safeway for $9 billion a couple of years ago and so that, I suppose Albertsons could have bought Whole Foods. I know they were considering it. Amazon maybe could have bought Albertsons. At the end of the day, I think Whole Foods was the best one to buy because it is the best selection and the most premium customer segment and the most premium real estate. And it actually had to the extent any large chain did, it actually had differentiation. I mean, I don’t think it was lost on Amazon that, you know, I seriously doubt Jenny and I were the only folks that used Instacart to get Whole Foods. And I really doubt that that was lost on Amazon.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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