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- Grove Collaborative Holdings Inc (NYSE:GROV) has forged a new retail partnership with Kroger Company (NYSE:KR), Costco Wholesale Corporation (NASDAQ:COST) and Hannaford.
- The latest retail additions bring Grove’s retail footprint to over 5,700 brick-and-mortar stores.
- Grove’s sustainable household essentials have begun rolling out at all three retailers at select stores nationwide.
- The announcement comes on the heels of the company’s recent debut in major stores earlier this year.
- “Meeting our customers where they shop is critical to our objective of making planet-friendly household essentials as accessible as possible,” said Stuart Landesberg, co-founder and CEO of Grove Collaborative.
- Price Action: GROV shares are trading higher by 0.54% at $0.45 on the last check Wednesday.
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Credit Suisse Maintains Underperform on American Express, Raises Price Target to $150
Credit Suisse analyst Moshe Orenbuch maintains American Express (NYSE:AXP) with a Underperform and raises the price target from $132 to $150.