Coming Soon - an Amazon Pharmacy and Sportswear Shop?

Investing.com - The idea of disrupting industries is not a new one to Amazon (NASDAQ:AMZN). The massive online retailer has completely revolutionized the way people shop, and has transformed the publishing, recording, and film industries with successful forays into books, music and TV. Amazon’s recent acquisition of Whole Foods means that it is taking on traditional brick and mortar sellers as well. After disrupting the book and retail industries, it looks like Amazon could be on the cusp of shaking up the sportswear and pharmaceutical industries. Earlier this month, reports said that Amazon would be entering the $350 billion sportswear industry and launching its own line of athletic apparel. Apparently, Amazon already has deals with a couple of vendors that currently produce clothing for notable brands like Gap, Nike (NYSE:NKE), Lululemon, and Under Armour. There has also been chatter about Amazon possibly entering the pharmacy business. According to CNBC, Amazon will decide by Thanksgiving whether to move into the space. Although it is difficult to break into such a highly regulated market, the U.S. prescription drug market is an estimated $560 billion per year and would present Amazon with a huge moneymaking opportunity. It’s almost as if there is no industry Amazon won’t at least consider. At this point, the question to be asked is: Where will Amazon go next?