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Grocery store names active as Wal-Mart effect plays on

  • Retail stocks continue to do a reset ever since Wal-Mart reported strong earnings at odds with some of its peers.
  • A category that performed well for Wal-Mart in Q1 was grocery in what some investors are seeing as more of a read on consumer spending habits than a  market share grab from the retail giant.
  • Grocery store stocks and a few convenience store names are notably out in front of broad market averages today. The list of gainers includes Village Super Market (VLGEA +6.1%), Weis Markets (WMK +2.5%), Ingles Markets (IMKTA +3.3%), Supervalu (SVU +4.3%), Kroger (KR +1.8%), Casey's General Stores (CASY +2.9%), and CST Brands (CST +2.1%),

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Village Super Market, Inc.