Among the winners will be consumers, as Amazon’s technology and superior services will provide more grocery options, saving them time and money at the same time. And Amazon’s technology may help revive Whole Foods, and expand positions in other store areas like food preparation and store shelf stuffing. Still, Amazon usually operates at razor thin margins, and cutting an employee or two can make the difference between making and losing money. Wal-Mart and Target have been using technology to replace labor that is usually paid the minimum wage. That’s how a good cause turns into a bad one, an ugly truth for the fight for a $15 minimum wage.
Source: Forbes June 18, 2017 19:41 UTC