1. Grocery store industry
- Author
-
Bugbee, Brian L., Greene, Robert M., Falzone, Scott T., Ferro, Mario, and Ferguson, William G.
- Subjects
Koninklijke Ahold N.V. -- Securities ,Albertson's L.L.C. -- Securities ,American Stores Co. -- Securities ,Casey's General Stores Inc. -- Securities ,Food Lion L.L.C. -- Securities ,Fred Meyer Inc. -- Securities ,Great Atlantic & Pacific Tea Company Inc. -- Securities ,Hannaford Brothers Co. -- Securities ,The Kroger Co. -- Securities ,Ruddick Corp. -- Securities ,Safeway Inc. -- Securities ,Smart & Final Inc. -- Securities ,Weis Markets Inc. -- Securities ,Whole Foods Market Inc. -- Securities ,Wild Oats Markets Inc. -- Securities ,Winn-Dixie Stores Inc. -- Securities ,Supermarkets -- Securities ,Business ,Business, general - Abstract
The lack of appeal for defensive stocks in the 1999 US economy, low sales comparisons for 1998 and 1999, uncompleted large mergers, and high price/earnings ratios in relation to growth have forced supermarket stock prices to retreat in early 1999. Online shopping costs and the slowing industry consolidation growth will have an effect on the industry, and US food retailers are finding private-label brands more profitable. Stocks in the supermarket industry have only an average timeliness rating in 1999 and investors need to be selective.
- Published
- 1999