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Food and Beverage Food and Staples Retailing

  • Amazon's acquisition of Whole Foods Market is sending the stocks of grocery store operators and other companies that compete with Whole Foods plunging. Here's a look at some of the big moves happening in the stock market following news of Amazon's acquisition of Whole Foods Market. Amazon's stock, which recently traded over $1,000 for the first time, was up...

  • June 16- Wal-Mart Stores Inc said on Friday it would buy online men's fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc.. However, Wal-Mart's shares fell 6.5 percent to $73.78 in morning trading after Amazon said it would buy upmarket grocer Whole Foods...

  • NEW YORK— U.S. stocks are slightly lower Friday as Amazon's $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors plunging. Amazon and Whole Foods are both climbing. GROCERY SHOPPING: Online juggernaut Amazon said it will buy organic grocery company Whole Foods Market for about $13.4 billion, or $42 a...

  • June 16- U.S. stocks dipped on Friday as shares of Wal-Mart and other retailers were hammered after Amazon.com announced its entry into the brick-and-mortar retail business with its $13.7 billion deal to buy upscale grocer Whole Foods. Wal-Mart, which also announced a deal to buy online clothing retailer Bonobos for $310 million, dropped 5 percent and weighed...

  • TORONTO, June 16- Canada's main stock index fell on Friday, dragged lower by heavyweight financial stocks, while consumer staples stock including Loblaw Companies Ltd fell sharply following news that Amazon.com Inc is buying Whole Foods Markets Inc.. The Toronto Stock Exchange's S&P/TSX composite index fell 56.61 points, or 0.37 percent, to 15,103.81.

  • Major stock indexes eked out tiny gains after spending much of the day in the red, but grocery stores and retailers plunged on concern about new competition as Amazon said it would buy Whole Foods. Whole Foods' stock soared 29 percent. Major U.S. indexes are slightly lower in midday trading on Wall Street, but grocery stores and other retailers are plunging after...

  • NEW YORK— Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting the stage for radical retail experiments that could revolutionize how people buy groceries and everything else. Amazon will be able to use automation and data analysis to draw more customers to stores while helping Whole...

  • Jim Cramer on the set of Mad Money.

    Jim Cramer knows the word "tech" has rattled the Street lately, but thinks one stock could offer a safe haven when the tides change.

  • Cramer: Kroger's decline proves grocery is just as bad as the rest of retail

    Jim Cramer says supermarkets have now joined department stores in retail's race to the bottom.

  • An employee stocks Greek yogurt in a Kroger supermarket in Peoria, Illinois.

    Jim Cramer says supermarkets have now joined department stores in retail's race to the bottom.

  • A new report from Goldman Sachs and Conde Nast finds millennials increasingly like small companies, but they still prefer big brands.

  • *Energy, financials sag; real estate, utilities gain. *Kroger tumbles after supermarket chain slashes forecast. June 15- A recent slump in technology stocks worsened on Thursday, dragging on major U.S. indexes, while investors fretted about the economy's health after the Federal Reserve lifted interest rates.

  • RENO, Nev.— Nevada voters legalized recreational marijuana in November, and officials are trying to put rules in place to start selling it on July 1. But Nevada's quick timeline faces a major hurdle: A legal battle between the state and the powerful liquor lobby over who can distribute the drug to retailers. Oregon and Colorado each raised about $3.5 million in tax...

  • Cramer: Kroger's decline proves grocery is just as bad as the rest of retail

    Jim Cramer says supermarkets have now joined department stores in retail's race to the bottom.

  • Cramer Remix: The No. 1 stock to own when the market sentiment changes

    Jim Cramer knows the word "tech" has rattled the Street lately, but thinks one stock could offer a safe haven when the tides change.

  • Snack bars, cereals and brownies with added fiber may not appear as filling under a new labeling rule.

  • *Kroger sees full-yr adj. profit $2.00- $2.05/ shr. The owner of the Ralphs and Harris Teeter supermarket chains is looking to cut costs amid intense competition in the grocery segment, where Wal-Mart Stores Inc, Lidl and Aldi are attempting to outdo each other in a price war. We are committed to providing that experience, and we will not lose on price, "Kroger Chief...

  • Kroger CFO: Quarter impacted by deflation on top of deflation

    Michael Schlotman, Kroger CFO, talks about the company's quarterly results which matched earnings estimates of $0.58 per share and beat on revenues but cut its full-year forecast, which sent shares lower.

  • NEW YORK— Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs— staples that help sway where shoppers go. German discounter Aldi has been aggressively expanding, while its European rival Lidl opened its first 10 stores in the U.S. this week with specials for 39- cent croissants and 79- cent chocolate bars.

  • Jim Cramer on the set of Mad Money.

    Jim Cramer reflected on the movement of the market following the Federal Reserve’s latest rate hike.