Economics
It’s Only Going to Get Worse for America’s Grocers
- As price wars loom, chains come under pressure in debt markets
- Apollo Global makes unusual $50 million loan to Fresh Market
Amazon's Whole Foods Lures Customers From Other Grocers
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Just over a month after Amazon.com Inc. ate Whole Foods, the shakeout in the American grocery aisle keeps getting uglier.
The latest sign of trouble: Private-equity giant Apollo Global Management recently tossed a $50 million lifeline to Fresh Market, the struggling high-end chain it took private only 17 months ago.