|Bid||41.77 x 2800|
|Ask||41.78 x 3000|
|Day's Range||41.70 - 41.82|
|52 Week Range||27.67 - 43.84|
|PE Ratio (TTM)||33.24|
|Dividend & Yield||0.72 (1.72%)|
|1y Target Est||N/A|
On Friday Whole Foods opened its 12th New York location in Harlem.
The ongoing clash of the titans between Amazon and Walmart has entered a new arena: the grocery aisle. The two giants have long battled — Amazon (AMZN) dominating the online market, Walmart (WMT) the reigning king of brick-and-mortar retail — for customers by using rock-bottom pricing on staples ranging from bicycles to body wash. According to data provided by Chain Store Guide, Walmart's network of 3,522 stores, which have increasingly rolled out new grocery options, is by far the largest retail portfolio in the country.
A group of Democrats in Congress, in a letter this week, urged the Department of Justice and the Federal Trade Commission to conduct a more in-depth review of online retailer Amazon's plan to buy grocer Whole Foods. The letter was signed by U.S. Representative Marcia Fudge and 11 additional Democrats, including Senator Cory Booker. It was made public by the United Food and Commercial Workers union (UFCW), which represents many of the unionized grocery workers in America.