SN’s Analysts Roundtable, Part 2: Weighing in on Safeway, Kroger, Walmart

“Safeway was stuck. Management seemed to think that with a unionized cost structure, its only alternative [to low price] was differentiation, and Safeway wasn’t able to execute when it tried to differentiate.” —ANDREW WOLF, BB&T Capital Investments “[Kroger's acquisition of Vitacost.com] is a smart way for Kroger to get into the game fairly early.” —JASON DeRISE, UBS