NEW YORK — Food-retailing stocks bounced back sluggishly with the rest of the market Tuesday after Monday's plunge that shaved more than 600 points off the Dow Jones Industrial Average.
By the end of the day Tuesday, Kroger Co., Safeway and Supervalu all recovered some of the value they lost on Monday and early Tuesday, with Kroger Co. closing up about 1%, Safeway closing up about 2% and Supervalu up 6%. Both Supervalu and Safeway have been near 52-week lows, and Kroger is basically flat for the year to date.
Leaders in Tuesday's trading were Village Super Markets, up 13.22%, and Ingles Markets, up 9.08%. Also up in mid-single digits Tuesday were Arden Group, up 7.25%; Costco, 5.72%; Delhaize, 5.37%; United Natural Foods Inc., 6.59%; Winn-Dixie Stores, 4.40%; and Weis Markets, 3.49%.
Whole Foods bounced back about 3%.