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Nearly 6,000 workers at Food 4 Less locations across California this week voted overwhelmingly to authorize a strike unless Kroger, the grocery chain's owner, corrects alleged labor violations.
Volatility is up, and the S&P 500 chalked both its best and worst day of the year this past week. And that you can have both in the span of a few days is an important market lesson.
As of early last week, entries were up around 100, according to White, ahead of the pace for the past couple of post-pandemic races, with the new location apparently appealing to participants.
Food Lion is an American regional supermarket chain headquartered in Salisbury, North Carolina, [2] [3] that operates over 1100 supermarkets in 10 states of the Mid-Atlantic and Southeastern United States (Delaware, Georgia, Kentucky, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia). [4]
Food 4 Less Holdings, Inc. Food 4 Less grocery store in Hollywood, California. (Closed in May 2021) [3] Food 4 Less is the name of several grocery store chains, the largest of which is currently owned by Kroger. [4] It is a no-frills grocery store where the customers bag their own groceries at the checkout.
Despite whipsawing this week, stocks are still on pace to notch strong returns for the year: The S&P 500 is up 12% for 2024, the Dow has climbed 4.8% and the Nasdaq has gained 11.6%.
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