NEW YORK -- Supermarket shares as a whole fared about as poorly as the overall stock market in last week's dramatic downturn. d and Giant Food, Landover, Md., were hurt more than the average. However, stocks that had been recommended by securities analysts, including Kroger and Safeway, "sprung back" from the turbulence and are approaching their 52-week highs, Vineberg said. The Dow Jones industrial average has fallen 8% since its March 11 peak of 7,085.16. Many analysts believe stocks ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.