These Are the Stores Losing Traffic to Whole Foods
On Aug. 28, Amazon.com (NASDAQ: AMZN) officially took possession of Whole Foods Market. Then it planted its flag by immediately slashing prices on consumer staples such as bananas, avocados, salmon, eggs, apples, and kale.
Image source: Whole Foods.
As most investors probably know by now, grocery store stocks sold off hard in response and remain depressed, though general retailers Wal-Mart (NYSE: WMT) and Target (NYSE: TGT) have rebounded recently. Investors just aren't willing to pay the same multiples they once were in a pre-Amazon/Whole Foods era.
Source: Fool.com
Walmart Inc. Aktie
64,27 €
-0,74 %
Überwältigende Zustimmung für Walmart Inc. mit ausschließlich Buy-Einschätzungen.
Ein positives Kurspotenzial für Walmart Inc. ist gegeben, mit einem Kursziel von 74 € über dem aktuellen Kurs von 64.27 €.
