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Retailer's 784 convenience outlets generated $4 billion of cash last year.
The grocery chain hired Goldman Sachs to explore a sale for the business.
A rally in consumer stocks stretches into day two on Wednesday, Oct. 11, this time led by deal talks and analyst action in two of the sector's largest names.
Stocks hover around the flatline on Wednesday, as investors look toward minutes from the Federal Reserve to be released during the afternoon.
The online giant may be a force to be reckoned with in the supermarket business, but there still will be room for traditional grocers who appeal to customers like me.
Investors will be watching how Kroger KR defines its digital strategy at its investor day on Wednesday as competition from Amazon AMZN and Walmart WMT loom.
The Dow sees more records as Walmart sparks rally in retail and consumer names.
Stocks move higher on Tuesday, looking to reverse the previous session's losses as investors look toward the kickoff to the earnings season at the end of the week.
Much of Walmart's recent e-commerce growth involves online purchases of items that are picked up at its stores, and would have otherwise been bought offline.
Latest payroll number leaves a lot of people scratching their heads.
While the firm believes Kroger will ultimately 'emerge victorious' it will not come out unscathed as the grocery sector goes through a transformation.
Analysts with Wolfe Reseach, who recently completed trips to Walmarts and Krogers in Houston and Atlanta, discovered that Kroger's prices were lower in both markets.
Whole Foods' price cuts are earning lots of new customers, and rivals are going to feel the impact soon.
Target is playing catch-up when stacked up against other retailers.
Richard Smith steps aside as CEO of Equifax. Paulino do Rego Barros, Jr. has been appointed interim CEO while board member Mark Feidler was named the non-executive chairman.
Whole Foods' CEO would only promise 'some amazing things,' a month after Amazon completed its $13.7 billion acquisition of the organic grocery store company.
The shocking price of a Heinz ketchup bottle has prompted one Wall Street firm to question whether Walmart can maintain its low prices.
Bernstein analysts contend that the e-commerce giant could disrupt the pharmacy market.
More deals are likely as strategics invest in the rapidly growing space. So keep an out for Chef'd, Sun Basket and other meal kits that have attracted venture funding.
Two bizarre things have transpired at Apple of late that calls into question something very basic. In short, what's up with the world's largest tech company?
Amazon continues to be relentless on price. In a new note, one analyst has firsthand evidence of Amazon taking the fight to grocery stores.
The real-time dollars betting on Kroger's short side is presently at $1.43 billion, with 66.4 million shares being sold short.
Cramer explains why the analysts on Wall Street have it wrong about Apple's iPhone, and also points out that retail isn't going away, just somewhere new.
Jim Cramer says this not the end of the world for Apple and the FANG stocks. It's the start of a rotation, and smart investors need to know how to use it as a buying opportunity.
Amazon's $13.7 billion acquisition of Whole Foods Market could actually boost Amazon Prime subscriptions, according to one analyst. That might be bad news for the rest of the grocery industry, Cramer says.
Amazon Prime membership could rise by 2.5 million off of its acquisition of Whole Foods, according to Morgan Stanley analysts.
The economy and bull market are both long in the tooth heading into what is typically the most volatile time of the year.
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