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SpartanNash Shares Pop 26% On Amazon Commercial Agreement
Friday, October 9, 2020 - 4:25pm | 307SpartanNash Company (NASDAQ: SPTN) shares jumped Friday on news of a commercial agreement with Amazon.com, Inc. (NASDAQ: AMZN). What Happened: MIBiz reports SpartanNash entered a partnership that could see Amazon become the largest shareholder in the company. Stock warrants were offered to...
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Whole Foods CEO Discusses Pandemic, Pricing, Obesity Epidemic
Monday, October 5, 2020 - 1:30pm | 399Whole Foods founder and CEO John Mackey was a guest on Fox Business' "Barron's Roundtable" to talk grocery trends ahead of a likely surge in COVID-19 cases. No Change To Recent Trends: Whole Foods isn't stocking up on food items at a more than typical pace, Mackey said....
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Ex-Whole Foods Exec Says Grocery Stores Need To Prepare For Next Disruption
Thursday, June 4, 2020 - 2:58pm | 395Now is a very difficult time to be a retailer and grocer, but it also represents an opportunity for innovative companies to "step up" and better serve customers, ex-Whole Foods co-CEO Walter Robb said on CNBC's "Squawk on the Street." What Happened The COVID-19 pandemic...
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Amid A Pandemic, Amazon Pivots — And Profits
Wednesday, April 22, 2020 - 10:01am | 2048What's been bad for the country over the past couple of months appears to have been good for Amazon.com, Inc. (NASDAQ: AMZN). As the coronavirus forces hundreds of millions of Americans to hunker down at home, the e-giant's stock market valuation has increased by billions of dollars, riding a...
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Slow Shipping: Amazon Puts New Grocery Shoppers On Hold
Monday, April 13, 2020 - 4:16pm | 584Amazon.com, Inc. (NASDAQ: AMZN) beat back the competition with its promise of fast, convenient shipping for the American consumer, but that seemingly ironclad contract hasn't held up in wake of the COVID-19 onslaught. Since March, the online shopping giant has rolled back several of its signature...
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How Amazon's Go Grocery Store 'Won Another Battle' Against Retail
Friday, February 28, 2020 - 9:51am | 378Amazon.com, Inc. (NASDAQ: AMZN) has yet to win the war against the physical retail universe but it certainly scored a victory with the launch of its new grocery store concept, according to Loup Ventures' Andrew Murphy. Amazon's Go Grocery store is the first-of-its-kind to offer consumers a...
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Back To The Roots, Which Makes It Easy To Grow Your Own Food, Heads To Walmart Shelves
Wednesday, February 5, 2020 - 9:50am | 511Back to the Roots, a pioneer of indoor gardening, announced Wednesday its products will be sold at more than 2,300 Walmart Inc (NYSE: WMT) stores along with other national retailers. Back To The Roots Targets 'The Future Of Gardening' Nikhil Arora and Alejandro Velez co-created Back to the...
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Amazon Shares Hit $2,000 After Crushing Q4 Earnings, Sales
Thursday, January 30, 2020 - 5:22pm | 418Amazon.com, Inc. (NASDAQ: AMZN) surged Thursday afternoon after the company reported a strong fourth-quarter earnings and revenue beat. Amazon posted earnings of $6.47 per share, blowing away the $4.03 that had been expected by the Street. Amazon also came in solidly ahead of estimates on...
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Beyond Meat CEO Says Company Only Aligns With 'Marquee Players'
Tuesday, December 17, 2019 - 3:55pm | 624Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) is far from the only player in the game, but the company differentiates itself by only aligning with "marquee players," CEO Ethan Brown said during a Bloomberg interview. Only The Best Partners When Beyond Meat was ready to expand...
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Is Amazon Doubling Down On Groceries With Second Brand?
Monday, November 11, 2019 - 1:56pm | 324Amazon.com, Inc. (NASDAQ: AMZN) confirmed Monday it plans on opening a second brand of grocery stores. What Happened Amazon's new initiative was brought into the public light after the company published new job postings for a grocery store in Woodland Hills, California, according to CNET. A...
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Whole Foods CEO Says Grocer Launched Beyond Meat, Even Though It's 'Highly Processed'
Thursday, August 22, 2019 - 10:54am | 426Organic grocery chain Whole Foods played a vital role in bringing Beyond Meat Inc (NASDAQ: BYND) products to the mass market, John Mackey, co-founder and CEO of Whole Foods, said during a recent CNBC "Make It" segment. What Happened Whole Foods, now owned by Amazon.com, Inc. (NASDAQ: AMZN...
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Whole Foods To Stock British Beyond Meat Competitor Meatless Farm: 'We Are One Of The Healthiest Products Out There'
Friday, August 16, 2019 - 2:28pm | 750One of the most contentious topics in the investing world is undoubtedly the explosion of interest in plant-based meat products. The industry is becoming a bit more crowded with U.K.-based Meatless Farm announcing its entrance into Amazon.com, Inc. (NASDAQ: AMZN)'s 450 Whole Foods...
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Prime Day Once Again Sets Shopping Record For Amazon
Wednesday, July 17, 2019 - 11:19am | 478Amazon.com, Inc.'s (NASDAQ: AMZN) annual Prime Day event this week-- the first time it stretched 48 hours -- was the "largest shopping event in Amazon history." The company said it was larger than Black Friday and Cyber Monday combined. Amazon: Record Highs Prime members across 18...
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Amazon Invests In Food-Delivery Startup Deliveroo; Uber Shares Dip
Friday, May 17, 2019 - 8:48am | 421Shares of Uber Technologies Inc (NYSE: UBER) dipped more than 2.5 percent Friday morning after Amazon.com, Inc. (NASDAQ: AMZN) bought a stake in U.K.-based food delivery company Deliveroo. What Happened Deliveroo is an online food delivery company with a presence mostly across Europe and said in a...
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Bitcoin And Ethereum Now Accepted At Whole Foods, Nordstrom And Other Retailers
Monday, May 13, 2019 - 2:23pm | 503A brand new payment app called Flexa launched on Monday that will facilitate the use of bitcoin and other popular cryptocurrencies at a wide range of retail locations, including Amazon.com, Inc. (NASDAQ: AMZN), Nordstrom, Inc. (NYSE: JWN) and GameStop Corp (NYSE: GME). What To Know The Flexa app...