- The grocery store sector is getting jolted by news that Amazon is wasting no time is lowering prices at Whole Foods (WFM).
- Kroger (NYSE:KR) is down 4.40%, while Sprouts Farmers Market (NASDAQ:SFM) has shed 2.8%. Ingles Markets (IMKTA -3.1%) and Supervalue (SVU -3.5%) also dropped quickly off the news.
- Supplier United Natural Foods (UNFI -3.3%) and Hain Celestial (HAIN -2.4%) are also reeling.
- Previously: Amazon plans on lower prices at Whole Foods (Aug. 24)
Grocery sector reeling with Amazon hitting the ground running
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Symbol | Last Price | % Chg |
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AMZN | - | - |
Amazon.com, Inc. |