Thursday, July 27, 2017

Whole Foods' Sales Slump Eases Ahead of Takeover by Amazon

Amazon.com Inc.’s challenge of turning around Whole Foods Market Inc. looks like it won’t be quite so difficult.

The organic-food grocer, which agreed to be acquired by the e-commerce giant in June, posted quarterly results that exceeded analysts’ estimates. While same-store sales still declined in the period, the drop was less severe than projected.. . . more

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