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Amazon Slashes Whole Foods Prices
Tuesday, April 2, 2019 - 10:18am | 421Amazon.com, Inc. (NASDAQ: AMZN) will push a third round of price cuts at Whole Foods this week to improve accessibility and expand the grocer’s consumer base, according to a report by the Wall Street Journal. What Happened An average reduction of 20 percent will be applied to more...
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Amazon, Costco Make Cramer's Shopping List — And Kroger's Crossed Off
Tuesday, March 12, 2019 - 10:42am | 495Amazon.com, Inc. (NASDAQ: AMZN)'s continued push into the grocery space will result in Kroger Co (NYSE: KR) being its "punching bag," CNBC's Jim Cramer said during his daily "Mad Money" show Monday. What Happened The Wall Street Journal reported in early March...
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Whole Foods Supplier United Natural Food's Q2 Print Leaves Bear Analysts Unmoved
Wednesday, March 6, 2019 - 3:18pm | 537Natural, organic and specialty food distributor United Natural Foods Inc (NYSE: UNFI) reported Tuesday with fiscal second-quarter results that arrived better than expected on the top and bottom lines, but two Street analysts continue to hold a bearish stance on the stock. The Analysts Morgan...
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Kroger, Microsoft Team Up For Challenge To Amazon's Grocery Play
Tuesday, January 8, 2019 - 11:38am | 428Grocery chain Kroger Co (NYSE: KR) is teaming up with tech giant Microsoft Corporation (NASDAQ: MSFT) to create a new connected store experience in what appears to be a challenge to Amazon.com, Inc. (NASDAQ: AMZN)'s expansion in the sector. What It Is The future of grocery...
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Was Blue Apron Doomed From The Beginning?
Wednesday, December 19, 2018 - 12:40pm | 682Less than 18 months after its high-profile IPO, Blue Apron Holdings Inc (NYSE: APRN) is officially a penny stock. Blue Apron shares dropped below $1 for the first time this week, marking a more than 90 percent decline from its June 29, 2017 IPO price of $10. With heavy hitters targeting the company...
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Breakfast Brew: IHOP's Pancake-Infused Stout Joins List Of Restaurant-Branded Beers
Wednesday, September 26, 2018 - 10:19am | 445Interested in trying pancake-flavored beer? If so, Dine Brands Global Inc (NYSE: DIN)'s IHOP chain has you covered. What Happened IHOP has struck a partnership with New York's Keegan Ales to sell IHOPS Pumpkin Pancake Stout beer. The company's buttermilk pancake mix is infused...
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Here Are The Cheapest Places To Buy Groceries Today
Tuesday, September 25, 2018 - 3:44pm | 432Most investors have heard of the pricing war going on in the grocery space in the past year after Amazon.com, Inc. (NASDAQ: AMZN) began aggressively cutting prices at Whole Foods last year. Bank of America recently took a closer look at grocery store prices in three major markets: Denver, Dallas...
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Earnings Show That As Macy's And Walmart Go, So Goes Retail
Monday, August 20, 2018 - 3:38pm | 582There’s been a lot of sympathy trading in the retail space this earnings season, as investors look for any signs of the unpredictable retail sector's trajectory in the Amazon.com, Inc. (NASDAQ: AMZN) era. In the near-term, it seems as though the market sees Walmart Inc (NYSE: WMT) and...
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Amazon's 2018 Prime Day Is Biggest Sales Event In Company History
Wednesday, July 18, 2018 - 10:10am | 335As portended by the early site crash, Amazon.com, Inc. (NASDAQ: AMZN)’s fourth annual Prime Day marked the e-commerce site’s biggest shopping event in history. What To Know The 36-hour sale saw a record number of Prime members across 17 countries capitalize on more than 1 million deals...
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Amazon's Whole Foods Acquisition: Did It Live Up To The Hype?
Sunday, June 17, 2018 - 4:24pm | 534One full year has passed since Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of upscale grocer Whole Foods in a $13.7-billion deal. What Was Said Then Here is a roundup of CNBC's compilation of expert commentary following the acquisition. CNBC's Jim Cramer said Amazon's...
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Blink Charging Co. Chairman Talks Price Action, Whole Foods News And Potential Financing
Tuesday, May 8, 2018 - 12:42pm | 532Leading electric vehicle charging station owner, operator, and provider Blink Charging Co (NASDAQ: BLNK) announced Monday it has deployed charging stations at three Whole Food Markets. What Happened Shares of Blink Charging, which now has a market cap of about $27 million, were up 170...
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Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping?
Wednesday, May 2, 2018 - 9:35am | 343Amazon.com, Inc. (NASDAQ: AMZN) Prime shoppers can soon apply a 10-percent discount to already discounted products at Whole Foods, CNBC reported Tuesday. Coupled with free deliveries and 5-percent cash back on in-store Amazon Visa charges, this cut could ultimately make Whole Foods a more...
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3 Key Themes To Watch In Amazon
Tuesday, April 24, 2018 - 2:10pm | 345Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its first-quarter results after Thursday's market close and now isn't the time for investors to be aggressive on the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Edward Yruma maintains a Sector Weight rating...
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Costco's 'Strong' March Comps Suggest Consumer Value Proposition Is 'Winning'
Thursday, April 12, 2018 - 2:23pm | 405Costco Wholesale Corporation (NASDAQ: COST) reported Wednesday multiple sales metrics for the month of March which reinforced the case for owning the stock, according to Stifel. The Analyst Stifel's Mark Astrachan maintains a Buy rating on Costco with an unchanged $200 price target....
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Could Amazon Bring Its Cashierless 'Go' Store Concept To Whole Foods?
Thursday, January 25, 2018 - 9:58am | 379Amazon.com, Inc. (NASDAQ: AMZN) opened its first Go store to the public this week, and one analyst said the cashierless warehouse is just the beginning of a grocer revolution. The Rating DA Davidson analyst Tom Forte maintained a Buy rating on Amazon and increased the price target from $1,500 to...