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Albertsons CEO: Changing Consumer Habits Are Positive For Grocer
Tuesday, January 12, 2021 - 4:39pm | 357Consumers are spending more time working and eating from home during the COVID-19 pandemic, and these shifts in habits are here to stay, Albertsons Companies Inc. (NYSE: ACI) CEO Vivek Sankaran said on CNBC's "Squawk on the Street" hours after the company reported third-...
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Grocery Store Supply Chain Shocked
Friday, March 13, 2020 - 3:24pm | 342On today's episode, Dooner and special guest co-host Michael Vincent are talking about the very visible impact the coronavirus is having on our nation's supply chain. As life as we know it changes in the USA, consumers are seeing bare grocery store shelves, tanking oil rates, escalating spot rates...
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A Glimpse Of Amazon's First Full-Size Grocery Store With No Checkout Cash
Tuesday, February 25, 2020 - 10:57am | 403Amazon.com, Inc.'s (NASDAQ: AMZN) vision of creating the future of grocery stores with no checkout lanes became a reality Tuesday. What To Know Amazon's quest to build a grocery store with no checkout lane dates back five years; on Tuesday, its first full-size grocery store opened in the...
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Bernstein Says Kroger Offers Reasonable Returns In Competitive Sector: 'We All Have To Eat Somehow'
Friday, March 9, 2018 - 12:07pm | 424The grocery store space remains "fiercely competitive," and investors willing to accept a "reasonable" rate of return may want to consider the industry giant Kroger Co (NYSE: KR), according to Bernstein. The Analyst Bernstein's Brandon Fletcher initiated coverage of Kroger...
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Bananas, Eggs, Salmon And Kale Among The Many Items Now Cheaper At Whole Foods
Monday, August 28, 2017 - 12:32pm | 439Consumers walking into a Whole Foods Market, Inc. (NASDAQ: WFM) store will begin to see quite a few changes, as Amazon.com, Inc. (NASDAQ: AMZN)'s ownership of the grocery store was completed Monday. Many everyday food items are now selling at cheaper price points, CNBC reported. For example,...
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Whole Foods Shakes Up Its Board, Calls In The 'A-Team'
Thursday, May 11, 2017 - 12:08pm | 340Whole Foods Market, Inc. (NASDAQ: WFM)'s changes to its executive team and 2020 guidance is receiving a mixed reaction from Wall Street. Analysts at Credit Suisse argued that Whole Foods' new changes aren't perfect but good enough to help the stock. Analysts at Deutsche Bank are taking...