Amazon’s first Fresh Supermarket Store will open its doors this week. Amazon Amazon is opening the first location of its new chain of groceries, designed to target a different set of customers than Whole Foods retailers. The first Amazon Fresh store, in the Woodland Hills neighborhood of Los Angeles, will …
Read More »SoftBank-backed Plenty to supply 430 Albertsons stores in California
An Albertsons store in Laguna Niguel, California Scott Mlyn | CNBC Vertical Farmer Plenty, an ag-tech unicorn backed by SoftBank, announced a partnership with Albertsons on Wednesday, marking the company’s first major retail sale. Under the multi-year agreement, Plenty 430 stores at Albertsons in California will provide four types of …
Read More »Biogen, Walgreens, Moderna, Tapestry and more
A multiple sclerosis medication is manufactured at the Biogen Idec plant in Cambridge, Massachusetts. Essdras M Suarez | The Boston Globe | fake pictures Check out the companies making headlines at noon on Monday Biogen: A Morgan Stanley analyst upgraded the biopharmaceutical company to overweight from underweight and forecast a …
Read More »Albertsons CEO says IPO is ‘a great achievement’ amid coronavirus pandemic
Albertsons CEO Vivek Sankaran said Friday that he is satisfied with the company’s initial public offering, even when its shares fell short of expectations. The grocery store operator began trading on the New York Stock Exchange on Friday with the slogan “ACI.” It debuted at a lower-than-expected price of $ …
Read More »Nike, Albertsons, Amazon, Big Lots and more
Take a look at some of the most important engines on the previous market: Nike (NKE) – Nike lost 51 cents a share in its last quarter, well below the consensus forecast for a profit of 7 cents a share. The footwear and sportswear maker’s revenue was also well below …
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