Article Abstract:
Large acquisitions in the grocery store industry, especially by Albertson's and Kroger, have caused supermarket stocks to lose favor with many investors, due to the economics of merging. Other retail sectors, such as discount stores, are entering the grocery business, and online grocery shopping may be a future industry segment, or only a fad. These stocks are not timely in 1999, but several may have potential for the next three to five years.
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Article Abstract:
The US grocery store industry is expected to remain weak for the remainder of the year 2001, although there are some exceptions, such as Safeway Inc. The combination of drug stores and supermarkets and adding more floor space are two trends which bear watching in the future. These stocks are volatile in the year 2001 and are not expected to improve until 2002 or later.
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Article Abstract:
Consolidation and retrenchment in 2000 and 2001 have made the grocery store industry more competitive, although some costs are handicapping earnings. Several companies are taking steps to improve profits, however. These stocks have become more timely in 2001, but investors need to be selective.
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