Bleak Expectations: Financial Pressures Worry Supermarket Analysts

NEW YORK — The economy is not likely to get better in the foreseeable future, putting ongoing pressure on middle-class consumers and the supermarkets at which they shop, according to participants at SN’s 17th annual Analysts Roundtable here. The analysts also said they expect Supervalu to sell most of its conventional assets as it tries to retrench. John Heinbockel, managing director at Guggenheim Securities, New York, said he sees a return of inflation and “very, ...

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Discuss this Article 2

NEMarket8
on Sep 17, 2012

Hopefully Shaw's will still be sold as a whole and be a supermarket option in New England in the future.

veteran
on Sep 19, 2012

If Kroger were smart, they would stay very far away from Tesco!

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