SuperValu: Forgive the Analysts for They Know Not What They Do [View article]
What concerns me is the same store sales issue SVU has. I've also watched a couple of their banners get beaten pretty badly over the past couple of years in their respective regions - these were banners that were leaders before the takeover by ABS and then SVU. Retail prices are too high and foottraffic is consistantly down.
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Latest | Highest ratedHas the Economy Killed the Health Food Craze? [View article]
In other words, leftovers are now eaten, thereby cutting back on the amount of groceries purchased weekly.
SuperValu: Forgive the Analysts for They Know Not What They Do [View article]