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While renewed interest in merger and acquisition activity put a little sex appeal back into supermarket stocks in 2005, old-fashioned performance-through-sales-and-earnings might have been the market's biggest story.Solid, if not spectacular, percentage gains in the share prices of Safeway and Kroger followed gains in same-store sales and earnings for the retailers during the 2005 calendar year -

While renewed interest in merger and acquisition activity put a little sex appeal back into supermarket stocks in 2005, old-fashioned performance-through-sales-and-earnings might have been the market's biggest story.

Solid, if not spectacular, percentage gains in the share prices of Safeway and Kroger followed gains in same-store sales and earnings for the retailers during the 2005 calendar year - performance that some analysts said signaled a positive sign for the industry overall. F

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