Grocermageddon Goes Global

by Tyler Durden
ZeroHedge.comJun 16, 2017

Well that escalated quickly…

This morning’s Amazon acquisition of Whole Foods Market has collapsed share prices of many grocers (in US and around the world), pharmacies and drug distributors, and even REITs…

First things first, 11 of the top 12 biggest losers in the S&P 500 are related to AMZN’s move…

The Rest…HERE

This entry was posted on Friday, June 16th, 2017 at 10:51 am and is filed under Economics, Food Wars. You can follow any responses to this entry through the RSS 2.0 feed.