BUZZ-Amazon-Whole Foods deal hits dozens of stocks
SAN FRANCISCO, June 16 (Reuters) - Amazon.com (NasdaqGS: AMZN - news) 's plan to buy organic
grocer Whole Foods Market (NasdaqGS: WFM - news) in a $13.7 bln deal unveiled on Friday slammed
supermarket operators, shopping-mall REITs, drugstores and payment processors.
Investors fearing Amazon will do to the retail food industry what it did to
book stores sold the shares of dozens of related companies, vaporizing at least
$34 billion in market capitalization, which is more than the total value of
Target.
Whole Foods and Amazon increased their combined stock market value by $14
billion.
The table below shows part of Friday's stock-market fallout.
Company Industry Percent Change in
Change Market Cap
($ blns)
Amazon.com Online retail +2.4 +11.25
Whole Foods Market Organic food retailer +29.1 +3.07
Wal-Mart Stores Retail -4.7 -11.13
Costco Wholesale Food retail -7.2 -5.68
Walgreens Boots Pharmacy and retail -5.0 -4.45
Alliance
CVS Health Pharmacy and retail -3.8 -3.09
Kroger Co Food retail -9.2 -2.07
Target Corp Retail -5.1 -1.57
Sysco Corp Food distributor -2.1 -0.62
United Natural Leading Whole Foods -11.0 -0.22
Foods supplier
Sprouts Farmer Organic food retailer -6.3 -0.19
Market
Supervalu Inc Food retail -14.4 -0.15
Weis Markets Food retail -4.8 -0.07
SpartanNash Food retail, -5.7 -0.06
distributor
General Mills Food maker -2.9 -1.00
Campbell Soup Co Food maker -3.4 -0.58
Conagra Brands Food maker -3.2 -0.53
Hain Celestial Organic food -3.7 -0.14
processing
Cal-Maine Foods Egg producer -4.5 -0.09
Sanderson Farms Poultry processing -1.6 -0.05
Dean Foods Food distributor -1.1 -0.02
Kimco Realty Real Estate -5.4 -0.45
Regency Center Real Estate -4.1 -0.44
Brixmor Property Real Estate -5.2 -0.31
Retail Properties Real Estate -5.0 -0.15
of America
DDR Corp Real Estate -3.7 -0.13
Vantiv Inc Whole Foods' payment -3.8 -0.47
processor
Werner Enterprises Transportation -1.5 -0.03
Impinj Inc Chip technology for +19.1 +0.18
retailers
(Reporting by Noel Randewich)