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Whole Foods
Whole Foods’ second quarter sales rose 0.6% to $3.73 billion, and comps fell 1.9%, a less severe decline than projected. Net income was down 11.7% to $106.0 million. Co-founder and CEO John Mackey commented, “For the quarter, we delivered record sales a ... Read more
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Amazon/Whole Foods
According to published reports, Amazon will re-file documents this week seeking government approval for its $13.70 billion deal to acquire Whole Foods. The move will allow antitrust officials to prolong their review of the deal first proposed ... Read more
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Albertsons
Published reports claim that almost two years after Albertsons postponed its IPO, management and the Company’s private-equity backers, Cerberus Capital Management, have put renewed plans for a listing on hold again. According to people familiar with the matt ... Read more
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Sears
On July 7 Sears Holdings announced another 43 store closings (eight Sears and 35 Kmarts), bringing the total closings to approximately 320 during the year-to-date period. The Company also indicated it would be opening additional small-format stores. Com ... Read more
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Aldi
Published reports citing company sources indicate that Aldi North (includes stores in Belgium, the Netherlands, Luxembourg, France, Poland, Spain, Denmark and Portugal, and Trader Joe’s in the U.S.) is planning to spend more than €5.00 billion (US$5.71 bil ... Read more
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Walgreens Abandons Rite Aid Bid; Will Instead Buy Nearly Half Of Stores
On June 29, Walgreens Boots Alliance (WBA) and Rite Aid have canceled their merger agreement, originally announced in October 2015, under which WBA would have acquired all outstanding shares of Rite Aid. T ... Read more
GREAT NECK, NY - JUNE 23, 2017 In response to the shockwaves from Amazon’s $13.70 billion deal to acquire Whole Foods, F&D Reports/Creditntell, along with leading locational data provider AggData, released an analysis of the Amazon / Whole Foods transaction, including pro-forma operating...Read more
DUPONT, WA - JUNE 21, 2017 In response to the shockwaves from Amazon’s $13.70 billion deal to acquire Whole Foods, leading locational data provider AggData, along with sister companies F&D Reports and Creditntell, released an analysis of the Amazon / Whole Foods transaction, including pro...Read more
www.aggdata.com
Amazon/Whole Foods
On Friday, Amazon announced it would acquire Whole Foods Market for $13.70 billion, in an embrace of brick-and-mortar stores. This represents a dramatic strategic turn for Amazon, which has rolled out food delivery through its Amazon Fresh service for a deca ... Read more
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Rite Aid/Walgreens Boots Alliance
In a letter to associates last week, Rite Aid’s Chairman and CEO John Standley, along with Ken Martindale, CEO of Rite Aid Stores and President of Rite Aid Corporation, informed Company rank and file that a decision regarding Walgreens B ... Read more
