Sure, the products on Aldi’s shelves are cheaper than those at your local grocery store, but does the quality measure up?
"It's Very Shocking" - Georgia's Cobb County Waited 2 Days Before Admitting Critical Voting Machines Stolen
In a stunning report, Cobb County's Channel 2 Action News has learned that critical voting machines were stolen just days before polls will open for a special election. State officials are investigating after equipment was taken from a Cobb County precinct manager’s vehicle. Cobb County Elections Director Janine Eveler said the stolen machines cannot be used to fraudulently vote in Tuesday’s election. The four so-called ExpressPoll machines were the computers poll workers used to check-in voters, and check those off who cast ballots. According to Secretary of State Brian Kemp, the equipment was stolen on Saturday evening while the vehicle was parked at the Kroger on Canton Road. Kemp's office says Cobb County Elections waited two days to tell his office about the theft of the machines. The four so-called ExpressPoll machines were the computers poll workers used to check-in voters, and check those off who cast ballots. Kemp released the following statement Monday afternoon: "It is unacceptable that the Cobb County Elections Office waited two days to notify my office of this theft. We have opened an investigation, and we are taking steps to ensure that it has no effect on the election tomorrow. I am confident that the results will not be compromised." Given the intense focus of the Left in using this special election as proxy for America's dissent against President Trump (having given up on their "Russians did it" narrative in recent weeks), one wonders just why (and who) these machines would be stolen? “It’s very shocking, especially with the climate we have of voter fraud out there,” one Georgia voter told Channel 2’s Ross Cavitt. Of course, as we noted earlier, an equally important question raised by the interview below is, since when does a newbie candidate running in a tiny Georgia congressional district, that will have no impact of the Republican majority in the House, get national airtime on CNN?
Let's try to ascertain which of these two key retailers -- Wal-Mart Stores, Inc. (WMT) or The Kroger Company (KR) -- presently make for a better investment option in face of the headwinds hampering the retail industry.
As U.S. equity markets continue their march back toward all-time highs, courtesy of the latest BTFD binge trade, at least one 'small' segment of the U.S. economy does not seem to be participating in the rally as 9 brick-and-mortar retailers have already filed for bankruptcy protection in 1Q 2017 alone. That volume of filings matches the total number of retail bankruptcies for all of 2016 and puts the industry on pace to exceed even the 'great recession' highs. Per CNBC: Nine retailers have filed in just the first three months of 2017, according to data provided exclusively to CNBC from AlixPartners consulting firm. That equals the number for all of 2016. It also puts the industry on pace for the highest number of such filings since 2009, when 18 retailers resorted to that action. The rising number of retail bankruptcies comes as consumers are making more purchases online, and shifting their spending toward travel and other experiences. Meanwhile, the supply of physical stores continues to outweigh shopper demand, putting pressure on the industry's profits. "It's just kind of this perfect storm where things are coming together, and it's going to continue for awhile," Deb Rieger-Paganis, a managing director in the turnaround and restructuring practice at AlixPartners, told CNBC. Many of the early retail victims include companies that were snapped up by Private Equity interests during the last down cycle and aggressively levered. In addition to the following nine retailers that have already liquidated or are working to reorganize, Payless Shoes and Bebe are also expected to file at some point in the not so distant future. Gordmans Stores Gander Mountain General Wireless Operations (formerly RadioShack) HHGregg BCBG Max Azria Michigan Sporting Goods Distributors Eastern Outfitters Wet Seal Limited Stores Of course, as Deb Rieger-Paganis, a managing director in the turnaround and restructuring practice at AlixPartners, points out, retail bankruptcies and/or store closures, especially from anchor tenants, can push the whole retail space into a downward spiral as "people don't like to shop where there's a lot of vacant space." So while larger retailers like Macy's, J.C. Penney, Sears and Kmart have avoided chapter 11 so far in this cycle, they're all in the process of closing hundreds of stores and those vacancies are likely to have ripple effects through the industry. Meanwhile, as we pointed out last month (see "America's Desperate Mall Owners Turn To Grocers, Doctors & High Schools To Fill Empty Space"), America's mall owners are having such a hard time filling empty retail space that they're turning to high schools, doctors offices and grocery stores. Once a shining beacon of American capitalism, malls around the U.S. are failing at an alarming rate due to a combination of shifting consumption patterns, years of underinvestment by mall owners and a spate of retailer bankruptcies over the past 12 months that have left large swaths of once prime real estate empty (see "Number Of Distressed US Retailers Highest Since The Great Recession"). Now, as the vacant square footage grows larger, mall owners are being increasingly forced to turn to non-conventional tenants to fill empty space. Per the Wall Street Journal, the latest target of mall owners is yet another struggling industry, grocers, with everyone from Whole Foods to Kroger looking to snap up square footage at discount prices. Natick Mall in Natick, Mass., is leasing 194,000 square feet of space vacated by J.C. Penney Co. to upscale grocer Wegmans Food Markets Inc., which is planning to open a store in 2018. College Mall in Bloomington, Ind., plans to bring in 365 by Whole Foods Market in the fall. Grocery giant Kroger Co., meanwhile, has purchased a former Macy’s Inc. location at Kingsdale Shopping Center in Upper Arlington, Ohio, and plans to build a new store in its place. But we're sure it will all work out just fine and wall street will go on buying those mall reits with reckless abandon...you know, because dividend yields.
Stiff competition, food price deflation, an aggressive promotional environment and waning store traffic are the primary headwinds plaguing Whole Foods (WFM).
Kroger (KR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Можно ли определить уровень инфляции, посчитав стоимость продуктов, необходимых для приготовления борща? Экономисты считают, что такой подход может дать точные данные о состоянии экономики.
Want to save money when you buy groceries, without sacrificing taste? You can get the best of both worlds by buying generic instead of name-brand items.
The much-talked-about 'no cashier convenience store' called Amazon Go to be launched by e-commerce giant Amazon (AMZN) through its 'Project Como' has got delayed.
It's a very fragmented industry with high overhead, crushing labor costs, and terrible margins. The biggest players (Walmart, with 3,500 stores), Kroger and Albertsons (2,400 stores apiece) face scrappy competition from dozens of regional brands,
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Investors have watched Costco stock drop after a bad earnings report. Is this a big problem for the company - or a buying opportunity?