The largest stock markets in the world, with more than a trillion shares traded in them, have become a hot topic of conversation in recent years.This year, the United States, the world capital, has been in the news for its stock market meltdown in 2018, as well as its economic woes, which are often blamed on Donald Trump's election win.But if you're new to the game, you're not going to want to mis...
Market experts have estimated the Steelers’ acquisition of the Patriots’ Whole Foods Market would cost them at least $2 million in annual sales.
That would mark the Steelers most recent foray into the food market, after they bought the Los Angeles Rams’ Rams Home Depot and its nearby Staples Center.
According to market research firm Technomic, the Steelers would have to add about $800 million to their 2013-14 payroll to recoup the losses from their purchase of the Rams and Home Depot.
Technomic also projects that the Steelers will make a profit of $3.4 million on their sale.
Steelers President Art Rooney II said in a statement that the team “welcomes” the Patriots acquisition.
“We are grateful to the Kraft family for their generosity in bringing the Heinz Field Experience to Pittsburgh and the community.
The team will continue to grow Heinz, and we look forward to working with them on the future of Heinz’s business.”