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One Secret Behind The Whole Foods Deal: Amazon Wants To Sell You All The Alcohol
Wednesday, September 13, 2017 - 10:42am | 930What does a $4,944 bottle of Hennessy cognac have in common with a $7.49 bottle of Mogen David “Mad Dog 20/20” red, rotgut wine? Both can be delivered to your doorstep these days, and it’s dooming the local liquor store. It’s a familiar story of online sales creating a brick...
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Barclays: The Biggest Reason To Like Blue Apron Is Automation
Monday, July 24, 2017 - 2:12pm | 554Amid a slew of sell-side coverage initiations on Blue Apron Holdings Inc (NYSE: APRN) Monday morning, Barclays’ Ross Sandler was one of only three analysts’ to rate the company at Equal Weight. Sandler placed a $7 price target on the stock, which had climbed over 18 percent to $7.74 by...
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The Pain For Grocery Stocks May Have Just Begun Thanks To Amazon
Thursday, June 15, 2017 - 1:45pm | 462Grocery stocks are getting destroyed on Thursday, led by Kroger Co (NYSE: KR)'s poor outlook and a downgrade of Sprouts Farmers Market Inc (NASDAQ: SFM) after a 30-percent gain in 2017. Investors looking to take advantage of the weakness may want to reconsider as the biggest tailwind to the group...
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The Organic Food Delivery Service That Wants To Take Down Whole Foods And Amazon
Thursday, June 30, 2016 - 4:08pm | 673If you’ve been to a grocery store at any point this decade, you may have noticed organic foods are incredibly popular. According to the Organic Trade Association, Americans spend over $43 billion on organic food each year. And in 2015, the number of organic businesses in the United States...
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Social Data Forecasts Growth Of Fresh Grocery Delivery
Tuesday, June 21, 2016 - 11:10am | 332According to the latest data from TickerTags, fresh grocery delivery could become more commonplace in years to come. TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets. Amazon.com, Inc. (NASDAQ:...
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Big Names Expanding Delivery Services Soon
Wednesday, February 11, 2015 - 12:41pm | 400In a recent report, analysts at Brean Capital looked into the rapidly-expanding world of restaurant delivery services. In light of the recent acquisitions of delivery service companies by GrubHub Inc (NYSE: GRUB) and Yelp Inc (NYSE: YELP), analysts see the restaurant delivery business...
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Amazon Rolling Out Grocery Delivery in More Cities
Thursday, December 12, 2013 - 4:18pm | 345Forget the drones - the real game-changing concept from Amazon.com (NASDAQ: AMZN) could be grocery delivery. All Things D reported the online retailer has expanded its AmazonFresh grocery delivery service into the San Francisco Bay area. Amazon has been experimenting with same-day grocery delivery...
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Market Wrap For December 11: S&P 500 Drops Most in a Month, Dow Suffers Triple Digit Losses
Wednesday, December 11, 2013 - 5:31pm | 1987Major indices began selling straight at the opening bell as investors drew closer to the conclusion that the Fed could scale back its bond buying activity as soon as next week following the new budget deal. Helping the Fed taper argument was a report released by BlackRock which made the case...