grocery

Casey’s General Stores' Shares Dropped After Missing Expectations

Casey’s General Stores' Shares Dropped After Missing Expectations

Casey’s General Stores, Inc. (NASDAQ: CASY) released its financial results for the fourth quarter of fiscal 2018. Shares of the company dropped 5% in morning trading on Tuesday, reaching the lowest level in the past three years.For the fourth ..

Target Plans to Lower Prices

Target Plans to Lower Prices

Target Corporation (NYSE: TGT) has announced Friday that it will cut prices of thousands of products in its stores. Shares of Target fell more than 2.5% after the announcement. The initiative is a competitive plan to help Target increase sales again..

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon.com Inc. (NASDAQ: AMZN) is now the owner of Whole Foods, and its first day as the owner of the grocery chain Amazon cut prices as much as 43 percent. The price cuts emphasis that Amazon is willing to settle for small margins as long as it dri..

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. (NYSE: WMT) reported its second quarter earnings for the 2018 fiscal year and beat estimates. Shares were down almost 3 percent during pre-market.Wal-Mart posted adjusted earnings of $1.08 compared to an estimate of $1.07 per s..

Amazon's Acquisition of Whole Foods Affects Grocery and Food Industry

Amazon's Acquisition of Whole Foods Affects Grocery and Food Industry

Amazon.com, Inc. (NASDAQ: AMZN) recent acquisition of Whole Foods Market (NASDAQ: WFM) is sending waves throughout the grocery and food industry, and Blue Apron Holdings (NYSE: APRN) is just one of those negatively companies affe..

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon.com Inc. (NASDAQ: AMZN) on Friday announced to buy Whole Foods Market Inc. (NASDAQ: WFM) for $13.7 billion, including debt, a move that will help Amazon expand its online grocery business as well as the brick-and-mortar retail grocery market...

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German grocery chain Aldi announced over the weekend that it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022. Aldi operates 1,600 U.S. and is now planning to open 900 new stores over the next five years. The announcement was..