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7-Eleven Owned By A Japanese Company? 71% Of Benzinga Poll Respondents Surprised: Other Foreign-Owned US Companies Revealed
Wednesday, August 21, 2024 - 10:48am | 699A proposed buyout offer of 7-Eleven parent company Seven & I Holdings Co could take the American convenience store from being owned by a Japanese company to a Canadian company. Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga...
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Federal Labor Board Says Trader Joe's Illegally Closed NYC Store To Thwart Union Efforts
Friday, January 19, 2024 - 4:22am | 600Federal labor officials have alleged Trader Joe’s of unlawfully shutting down its wine shop in New York City to hinder a union organizing effort. What Happened: The National Labor Relations Board’s general counsel has filed a complaint alleging that the grocery chain’s decision to...
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Trader Joe's Recalls Falafel, Broccoli Cheddar Soup For Possible Rocks, Insects
Sunday, July 30, 2023 - 1:36pm | 270Trader Joe's has issued a recall for two additional products, following a previous recall of two cookie items, due to the potential presence of insects and rocks. What Happened: In an official statement on Thursday, the retailer informed customers that its unexpected...
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What To Know About The Trader Joe's Sushi Recall
Wednesday, December 4, 2019 - 10:59am | 480The U.S. Food and Drug Administration posted a notice this week that certain food items made by Fuji Food Products could be contaminated with Listeria monocytogenes. A recall has been issued for sushi and read-to-eat salads that are found at select Trade Joe's, Walgreens Boots Alliance Inc (...
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Sell-Side's View On Whole Foods' New Activist Investor Slightly Cautious
Tuesday, April 11, 2017 - 1:18pm | 618Whole Foods Market, Inc. (NASDAQ: WFM) shares surged Monday, rising by roughly 10 percent, after Jana Partners picked up a 8.3 percent stake in the company. Following the development, sell-side analysts sounded cautious about the move. Jana's Ownership Stake Doesn't Alter Fundamental Picture...
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Jana's 9% Stake In Whole Foods Doesn't Guarantee Success
Monday, April 10, 2017 - 3:58pm | 428With the intention of pressuring a potential sale and hastening the company’s turnaround, activist investor Jana Partners LLC seized an 8.3-percent stake in Whole Foods Market, Inc. (NASDAQ: WFM) Monday and prompted a subsequent 10.5-percent spike in stock value. Jana Partners, whose members...
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'Whole Lot Of Competition' Makes Whole Foods A Sell At UBS
Thursday, March 23, 2017 - 3:26pm | 384While Whole Foods Market, Inc. (NASDAQ: WFM) has played a huge role in the shift toward organic, natural produce and a healthy lifestyle, it appears the company may have become a victim of their own success. UBS has initiated coverage on Whole Foods with a Sell rating and a $25 price target, amid...
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5 Must-Try Wines Under $5
Monday, October 31, 2016 - 9:21am | 426Wining may not get you many gifts from Santa, but it could save you a penny or two! It’s no secret that the holidays are associated with the “wow, I wish money grew on trees” mentality. Consider the expense of travel, gifts, perhaps new attire for the office Christmas party,...
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Oppenheimer Visits Whole Foods' New 365 Stores
Tuesday, August 16, 2016 - 2:20pm | 351Whole Foods Market, Inc. (NASDAQ: WFM) has seen its stock decline nearly 8 percent since the start of 2016. The bull versus bear debate has been described by one analyst as "fiercely divided," as the long-term impact of the company's new "365" concept stores are not yet known. Checking In In a...
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CNBC's Jane Wells Offers A Glimpse At Whole Foods' New 'Big Gamble' Concept
Wednesday, May 25, 2016 - 12:15pm | 336Whole Foods Market, Inc. (NASDAQ: WFM)'s much anticipated new store concept called "365" was unveiled Wednesday. The company's co-CEO Walter Robb was interviewed by CNBC's Jane Wells, who described the new initiative as being a "big gamble" for the company. Wells noted that the new 365 stores are...
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Whole Foods '365' Spinoff Stores Are Being Carefully Positioned Near Trader Joe's And Sprouts
Thursday, April 14, 2016 - 1:39pm | 467Last week, Whole Foods Market, Inc. (NASDAQ: WFM) announced a spinoff store called 365, with the first location set to open May 25. The new grocer's concept has been described as a practical way for Whole Foods to "improve the chain's overall competitiveness and value positioning,...
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Trader Joe's Might Be Once Again Catching Whole Foods Off Guard With Price Investments
Tuesday, March 29, 2016 - 3:42pm | 307Trader Joe's might be once again catching Whole Foods Market, Inc. (NASDAQ: WFM) off guard with its new price investments, according to a report from Deutsche Bank. Deutsche Bank said its recent pricing study in NYC showed Trader Joe's had a significant advantage over WFM. In a note,...
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Time To Sell Whole Foods, 'Headwinds Still Too Numerous To Ignore'
Friday, August 14, 2015 - 10:53am | 315In a report published Thursday, Pivotal Research Group analyst Ajay Jain initiated coverage of Whole Foods Market, Inc. (NASDAQ: WFM) with a Sell rating and $29 price target as the analyst sees no signs of comps stabilizing in the near-term. According to Jain's most recent channel checks,...
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Save On Groceries Without Sacrificing Health
Saturday, April 25, 2015 - 11:30am | 842Savings begin and end at home. From planning to purchasing to preserving, every interaction you have with produce can increase the longevity of groceries and decrease the bottom line at the cashier. Thankfully, going through the proper channels of grocery planning can accomplish both of these...