Why It Will Get Worse Before It Gets Better for Kroger, et. al.

Amazon.com (AMZN) announced that it would pay nearly $14 billion–in cash, mind you–to buy Whole Foods Market (WFM) this morning. And that’s been bad, bad news for grocers of any stripe, from Kroger (KR) and Sprouts Farmers Market (SFM) to Wal-Mart Stores (WMT) and Costco Wholesale (COST). And one analyst contends disruption in the grocery […]
Source: Barrons

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