Wal-Mart's lower-income customer base has yet to catch up to other demographics in the economic recovery.
Traditional supermarket chains will continue to outpace Wal-Mart Stores in same-store sales growth in 2014, assuming the economic recovery continues in a similar fashion, said Andrew Wolf, a Boston-based analyst with BB&T Capital Markets. “If we see more of the same from the economy — sort of a creeping recovery — you will continue to see the same trends,” he said The largest, multi-regional traditional supermarket operators collectively outperformed ...
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