Goal, Wal-Mart Endure The Aftermath Of Amazon’S Complete Meals Purchase; Shares Still Falling

Representatives from Target, Wal-Mart and Costco didn’t immediately respond to requests for comment.
Shares of Target, Wal-Mart and Costco were all trading in red territory by late Monday morning, down around 3 percent, 0.5 percent and 2 percent, respectively.
The fallout from Amazon announcing plans last week to acquire Whole Foods is still very evident in the equities market Monday.
And it’s anyone’s guess as to how long the so-called ripple effect among retailers will continue.
In fact, shares of Kroger were inching back into green after tanking more than 15 percent in a day.

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