real-time news and commentary for investors
Wednesday, Sep 11
A second act for Wild Oats?
- Tesco (TSCDF.PK) will loan £80M ($126M) to Ron Burkle's investment company in order to complete a deal to move 150 Fresh & Easy stores in the U.S. out of its hands.
- What to watch: Burkle owns the brand name Wild Oats and could use his new stable of Fresh & Easy and A&P stores to revive the chain. A reborn Wild Oats would be a "natural" rival to Whole Foods Market (WFM) and Sprouts Farmers Market (SFM).