Whole Foods stock surged today on speculation that Albertsons might be preparing a takeover bid. Last month, I commented on the rumor that they might consider acquiring natural foods competitor Sprouts. They have also been linked to multiple deals in the more conventional grocery space. So, can Whole Foods complete the transformation on its own or would it be better served being part of a larger chain? If Whole Foods does come into play, I would expect other candidates to emerge as suitors, including Kroger, the other big consolidator in the space right now.
Source: Forbes April 25, 2017 01:41 UTC