When you're the second - largest grocery chain in Canada, with $ 17.6 billion in annual sales, you can afford to call the shots. (profitguide.com)
Meanwhile, shares of large grocery chains dropped following the news, with traditional chains feared by Wall Street as being in trouble by Jeff Bezos» powerhouse play. (cnbc.com)
Next, we can't forget that 65 % of of the company's sales are derived from grocery stores, which means that Hormel doesn't just have to deal with competing products from rivals, but also must deal with large grocery chains such as Wal - Mart (WMT), and Kroger (KR). (dailytradealert.com)