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Whole Foods Market, Inc. (WFM)

- NASDAQ
  • Thu, May 14, 9:47 PM
    • Consolidation in the grocery industry could pick up even more, observes Supermarket News.
    • A large merger between Albertsons and Safeway (NYSE:SWY) has been followed by talks between Delhaize (NYSE:DEG) and Ahold (OTCQX:AHONY).
    • The increased push by Wal-Mart and Target in the sector has added pressure to leverage store growth through M&A.
    • "There is mounting pressure in the supermarket industry to consolidate operations to drive better purchasing power and leverage distribution and technology platforms," notes Wolfe Research.
    • Kroger (NYSE:KR) is seen as a likely candidate to look for a chain to acquire.
    • Previously: Ahold, Delhaize confirm merger talks (May 12)
    • Grocery stocks: RNDY, SVU, VLGEA, WFM, CASY, IMKTA, OTCPK:PUSH, TFM, SFM, WMK.
    | 8 Comments
  • Mon, May 11, 10:52 AM
    • Delhaize (NYSE:DEG) is up 13.3% after reports on a merger with Ahold (OTCQX:AHONY +3.8%) drove up shares listed in Europe earlier today.
    • The talk of industry consolidation has some other U.S. grocery stocks ahead of market averages as well.
    • Grocery gainers: Kroger (NYSE:KR) +1.0%, Whole Foods Market (NASDAQ:WFM) +1.2%, Roundy's (NYSE:RNDY) +1.0%, Supervalu (NYSE:SVU) +1.0%, Fairway Group (NASDAQ:FWM) +0.9%, Ingles Markets (NASDAQ:IMKTA) +9.8% with earnings also a factor.
    • Previously: Ahold, Delhaize surge on merger reports
    | 3 Comments
  • Nov. 9, 2011, 2:03 PM
    Already having a big year, dealmaking in the grocery business is set to jump even more as regional players seek to size up. One firm on the radar screen is Supervalu (SVU), primed for acquisition or break-up as it tries to shed debt from its $12.4B purchase of Albertsons in 2006.
    | Comment!
  • Aug. 18, 2011, 8:45 AM
    Whole Foods Market (WFM) +1.7% premarket after the Daily Mail reports on rumors that KKR and Bain Capital are interested in a cash offer for WFM at ~$90/share. Traders should take the report "with a grain of salt," StreetInsider.com advises, as the Daily Mail is "notorious for posting bunk takeover rumors about U.S. companies."
    | Comment!
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Company Description
Whole Foods Market Inc is a retailer of natural and organic foods and a Certified Organic grocer. Its products include seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea.
Sector: Services
Industry: Grocery Stores
Country: United States