In early December , pharmacy chain of mountains CVS decide to move big metre into the insurance market bypurchasing Aetna for $ 69 billion — a move clearly move by Amazon , which was make to descale up its pharmaceutic division . With the due east - commercialism giant star maybe on cartroad to beworth a trillion dollarsby next year , retailers in a turn of areas are wonder how they can possibly contend with Jeff Bezos and his eerily efficientarmy of robots and contractor .
Even piazza that sell large , cloggy stuff are starting to worry , like Home Depot , which is now reportedly consider buying shipping and logistics company XPO . According toRecode , “ a person familiar with Home Depot ’s thinking ” allege that the retailer is gravely considering making a dictation for the $ 9 billion fellowship , though neither party involved will annotate .
The acquisition could make it easier for Home Depot to compete with Amazon by extend improve dwelling house livery options for goods like furniture , appliances , tools , and construction supplies . Though Amazon has made inroads into Home Depot ’s market place , it ’s one of thefew retail sectorsanalysts say is generally resistant . According to theWall Street Journal , XPO itself was one of the companies Amazon be after to partner with while preparing a pushing into the furniture market before this year .
One cistron in the rumored plan is maintain XPO out of Amazon ’s hands , according to Recode . If Amazon purchased it rather , Home Depot could drop off accession to a major home legal transfer service .
It ’s a augury of the times that even companies that trade some of the least commodious to ship things you could buy now have to care about Amazon , which israpidly approach monopoly statusif it is n’t there already . ride out one step ahead of Jeff Bezos ’ empire is n’t impossible , but it ’s hardly an enviable position to be in — though arguably well than , say , being one of Amazon’slow - wage contractorstasked to tote around a dishwashing machine .
[ Recode ]
AmazonE - commerceHome DepotRetailTechnology
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