The grocery-store industry now faces, in addition to overseas competitors, a deep-pocketed rival with a track record of moving customers online.
NYS Entity Status
NYS Filing Date
AUGUST 22, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - DENNISEIS GROCERY INC
Around the Web
- Amazon Deal for Whole Foods Starts a Supermarket War
By RACHEL ABRAMS and JULIE CRESWELL - Friday Jun 16, 2017
- Walmart Puts Its Eggs in a Time-Saving Basket: Grocery Pickup
By MICHAEL CORKERY - Thursday Oct 5, 2017
Seeking an edge against Amazon, the retail giant is pushing a service that delivers your order to your car. Customers never have to step inside the store.
- Brick-and-mortar grocery stores are here to stay
By Ed Zwirn - Sunday Jun 25, 2017
The brick-and-mortar grocery store isn’t going away anytime soon. Amazon’s recently announced $13.7 billion purchase of high-end grocer Whole Foods notwithstanding, e-commerce has been much slower (so far) to break into the supermarket business than into other sectors of the economy. Only 7 percent of US consumers shopped online for groceries in the past month....
- State of the Art: In Whole Foods, Bezos Gets a Sustainably Sourced Guinea Pig
By FARHAD MANJOO - Saturday Jun 17, 2017
By purchasing the upscale chain, Jeff Bezos, Amazon’s chief, has a chance to tinker with how people buy groceries — and map the future of the physical store.
- Amazon to cut prices at Whole Foods starting Monday
By Alistair Barr, Bloomberg - Thursday Aug 24, 2017
Amazon.com's acquisition of Whole Foods Market will close on Monday and the companies said they will cut prices beginning that day. Whole Foods will lower prices "on a selection of best-selling grocery staples across its stores, with more to come," they said in a statement. Members of Amazon's Prime program will get special savings and in-store benefits through the integration, the companies also said. Shares of grocery-store chains fell on the announcement. Kroger Co. declined as much as 2.4 percent while Sprouts Farmers Market Inc. sank 2.5 percent. Wal-Mart Stores Inc., which sells the most groceries in the U.S., also dropped 0.8 percent.
- Snap Inc.’s shares plummet after growth figures fall far short
By Nicolas Vega - Tuesday Nov 7, 2017
Shares of Snap Inc. plunged nearly 20 percent in after-hours trading Tuesday after the company sorely missed Wall Street’s forecasts for sales and user growth. The operator the Snapchat app — which has been dogged by worries that Facebook’s Instagram app has been knocking off Snapchat’s features and stealing away its users — reported revenue...