NEW YORK — Kroger Co. is likely to continue seeking to build volume at a slow and steady pace, while Safeway is counting on Just For U to give it a sustainable boost, according to participants in SN’s 17th annual Analysts Roundtable here.
“Kroger believes winning the war of attrition takes time,” John Heinbockel, managing director at Guggenheim Securities here, said. “The end game is that, at some point, you are left with Wal-Mart and Kroger and little else, ...
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