Analyst: Kroger-Whole Foods rumor doesn't pass smell test
Market speculation of Kroger acquiring rival Whole Foods Markets sent stock in both companies rising recently, but an analyst told SN such a deal seemed farfetched.
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Will conditions slow the turnaround at Roundy's?
A panel of industry experts at SN’s Financial Analyst Roundtable said that Roundy’s assets could face a lengthier road to recovery for Kroger.
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Clinton lauds Walmart in document released by WikiLeaks
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Democratic presidential nominee Hillary Clinton praised Walmart and its founder Sam Walton in speech excerpts included as part of WikiLeaks’ release of presidential campaign chairman John Podesta’s emails.
Pictured here, Wal-Mart CEO Lee Scott, Clinton and her daughter Chelsea Clinton sit in the audience for the final day of the Clinton Global Initiative annual meeting on Sept. 22, 2006, in New York.
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Meet the Cyber Sam Walton
The new head of Wal-Mart Stores' e-commerce business was introduced as a kind of Cyber Sam Walton, whose innovative approach to the online shopping trip will pioneer what CEO Doug McMillon (right) termed "EDLP 2.0." Marc Lore (left) was named CEO of e-commerce at Walmart when the retailer acquired his Jet.com business for $3.3 billion.
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Walmart impressed by fresh results
Walmart’s U.S. stores have made big strides in fresh, Greg Foran, the retailer’s U.S. president and CEO, said during Walmart’s annual investment community meeting.
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Albertsons IPO left waiting — again
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It’s been nearly a year since Albertsons Cos. was left standing at the doorstep of the public markets, and according to some panelists on SN’s Financial Analyst Roundtable it may have to get used to the view.
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Save-A-Lot relaunches America's Choice line
Save-A-Lot has reintroduced the America's Choice name at its stores as a decadent but affordable private label line of fresh and shelf-stable products from cheesecakes to crab cakes.
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Amazon may be prepping more grocery stores: reports
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Virtual retailer Amazon.com is making further progress toward brick-and-mortar stores that would augment its home delivery of food and grocery, including a convenience store and curbside grocery pickup sites, reports said.
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Food Lion completes Charlotte revamp
Food Lion said it would unveil remodeled stores, lower everyday prices, assortment changes and new service standards at 142 stores in the Charlotte, N.C., market as part of its "Easy Fresh & Affordable" initiative.
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Sam’s Club repositioning clicks; more sites expected
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A Sam's Club store aimed at capturing more of its shoppers' high-end and luxury purchases is proving successful in a test mode, and providing "a look into the future of where we could go with our business," said Roz Brewer, CEO of Wal-Mart Stores' membership warehouse chain.
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