Big Oil, Big Pharma, Big Tech: Is Big Grocery Next?
A Kroger-Albertsons merger would create a supermarket behemoth. But the grocery giant would still be No. 2 in the U.S. market, trailing Walmart.
A Kroger-Albertsons merger would create a supermarket behemoth. But the grocery giant would still be No. 2 in the U.S. market, trailing Walmart.
Food and beverage stocks are having their worst year relative to the S&P 500 in more than two decades. This sector, known for stability, is leaving too many investors with a queasy feeling of FOMO. At press time, prices had declined 2% for the year while the S&P had risen by 16%. This lackluster performance … Continued