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Whole Foods Stock Is Jumping on Rumors Albertsons Wants to Buy It

The mergers and acquisitions rumor mill continues to churn for underperforming grocery chain Whole Foods Market.

Shares of the company jumped 2% in trading Monday and continued to stay in the green in pre-market trading Tuesday after… 191 more words


This Is Walmart's New Plan to Squeeze Prices in the Face of Discount Chains

Wal-Mart Stores is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. 1,201 more words


Whole Foods Is Closing Its 3 Ready-to-Eat Meal Kitchens

Whole Foods Market said it would close three remaining regional kitchen facilities as part of an ongoing plan to streamline its operations.

The three kitchen facilities are in Everett, Massachusetts, Landover, Maryland and Atlanta, a company spokeswoman said in an emailed statement. 162 more words


Tesco Grows Its Market Share For the First Time in 5 Years

Tesco grew market share for the first time in five years over the last three months, the clearest sign to date that Britain’s biggest supermarket chain is recovering from years of turmoil to accelerate away from rivals. 341 more words