More

    Albertsons warns of competition from larger retailers but downplays tariff impact

    Published on:

    [ad_1]


    Albertsons Cos.’ stock slid on Tuesday after the grocery chain’s outlook lagged Wall Street’s expectations and the company warned of competition from bigger rivals, as retailers battle for shoppers feeling the effects of inflation and an escalating trade war.

    [ad_2]

    Source link

    Related

    Leave a Reply

    Please enter your comment!
    Please enter your name here