Whole Foods Market Inc. gained the most in more than nine months after the largest natural-goods grocer in the U.S. boosted its forecast for earnings this year and said second-quarter profit climbed 20 percent.
Whole Foods Market Inc., the largest natural-goods grocer in the U.S., boosted its forecast for earnings this year after sales at established locations increased and second-quarter profit climbed 20 percent.
There’s never been a cheaper time for private-equity firms to gamble on Best Buy Co., with founder Richard Schulze’s 20 percent stake up for grabs and the electronics retailer near its lowest-ever valuation.
BJ’s Wholesale Club Inc. shareholder Leonard Green & Partners said it’s considering making an offer for the U.S. membership warehouse chain, reviving its overtures after BJ’s began looking for suitors.
BJ’s Wholesale Club Inc. plans to run an auction to sell itself after receiving an offer from private-equity firm Leonard Green & Partners LP in recent months, said three people with knowledge of the situation.