BENTONVILLE, Ark. — Wal-Mart Stores saw its stock rise about 3% in Monday’s trading after Citgroup analyst Deborah Weinswig upgraded the stock and said the company was poised to grab more grocery market share from traditional supermarkets. “Over the past two years, price investments by the supermarkets, especially Kroger Co., narrowed the price gap and drew traffic away from Wal-Mart, especially as the economy stabilized,” she wrote, noting that Kroger has narrowed the price gap with ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.