grocery stocks

Ecommerce giant Amazon.com Inc (NASDAQ: AMZN) made its largest acquisition of all time in 2017 with the announcement it was purchasing physical retailer Whole Foods. Here’s a look at the acquisition and how shares have performed since the deal was announced. What Happened: Amazon announced on...

Shanghai-headquartered e-commerce company Pinduoduo Inc (NASDAQ: PDD) is anticipating its annual sales for grocery items to double year-over-year in 2020 on the back of increased domestic sales. What Happened: Vice President David Liu, in an interview with CNBC, remarked that Pinduoduo's...

Investors assuming price is the most important factor in determining the ultimate winner in the grocery space may be mistaken, according to Credit Suisse's Stephen Ju. Many investors previously assumed Amazon.com, Inc. (NASDAQ: AMZN)'s business strategy of sacrificing margins for market...

It didn't take very long for Amazon.com, Inc. (NASDAQ: AMZN) to gain market share in the grocery space after acquiring the organic and natural food grocery chain Whole Foods. Foot traffic from new customers at Whole Foods' stores rose 33 percent in the first week after the tie-up with Amazon closed...

Sprouts Farmers Market Inc (NASDAQ: SFM)'s stock initially tumbled after its rival Whole Foods Market, Inc. (NASDAQ: WFM) agreed to sell itself to Amazon.com, Inc. (NASDAQ: AMZN), but it has since rebounded 15 percent. As such, Jefferies' Christopher Mandeville downgrades his rating from...

Investors have been operating under the assumption that Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of organic and natural grocery chain Whole Foods Market, Inc. (NASDAQ: WFM) will impact the entire grocery sector over the long term. But that isn't the only scenario, as traditional grocery stores...

Shares of Blackhawk Network Holdings Inc (NASDAQ: HAWK), a provider of prepaid payment networks, gained over 6 percent Wednesday after the company was named as a winner from Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). Elaborating On The...

Does billionaire investor Warren Buffett have reason to be concerned with Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of grocery chain Whole Foods Market, Inc. (NASDAQ: WFM)? Given his large stakes in various companies across the food sector, he might. Buffett's fund Berkshire Hathaway...

Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...

What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of the organic and natural grocer Whole Foods Market, Inc. (NASDAQ: WFM) have on the broader food industry? Whole Foods boasts just 456 stores and $15.7 billion in revenue (of which $2.6 billion is from its...

What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN) acquisition of the organic and natural grocery chain Whole Foods Market, Inc. (NASDAQ: WFM) have on its supplier United Natural Foods, Inc. (NASDAQ: UNFI)? Pivotal Research's Ajay Jain commented in a research report that there might be...

Costco Wholesale Corporation (NASDAQ: COST), fresh off a 7 percent decline on Friday, was slapped with a downgrade Monday by analysts at Deutsche Bank who believe the wholesaler is past its prime. Deutsche Bank's Paul Trussell downgraded Costco's stock rating from Buy to Hold with a price...

Blue Apron, a meal kit delivery service, had planned to file an initial public offering, but the company may be reconsidering its plans Friday following Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of organic grocer Whole Foods Market, Inc. (NASDAQ: WFM). Blue Apron, a unicorn valued at...

Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is certainly a game-changer in the food space, but does it justify a large sell-off in many grocery chains and food retailers? Shares of Kroger Co (NYSE: KR) were lower by more than 12 percent late...