THE DANGERS OF OVERESTIMATING WAL-MART'S IMPACT

How many of the supermarket industry's current challenges are due to Wal-Mart as opposed to other factors, such as the economy? And what are the chances that Wal-Mart's U.S. growth strategy will be thrown off course?These are intriguing questions raised at the eighth annual Supermarket News Financial Analysts' Roundtable, which is covered in this week's issue (see Page 10).There's been so much talk

How many of the supermarket industry's current challenges are due to Wal-Mart as opposed to other factors, such as the economy? And what are the chances that Wal-Mart's U.S. growth strategy will be thrown off course?

These are intriguing questions raised at the eighth annual Supermarket News Financial Analysts' Roundtable, which is covered in this week's issue (see Page 10).

There's been so much talk about structural changes brought on by Wal-Mart that I thought the seven anal

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