SEEKING A PANACEA FOR NEW GROWTH

NEW YORK -- The industry will continue to consolidate, but it may not do so using the growth-by-acquisition strategies the major chains utilized in the late 1990s, supermarket analysts said here.SN published the first part of the roundtable Aug. 26.Consolidation is more likely to come about through pursuit of smaller in-market acquisitions, larger investments in existing stores and more aggressive

NEW YORK -- The industry will continue to consolidate, but it may not do so using the growth-by-acquisition strategies the major chains utilized in the late 1990s, supermarket analysts said here.

SN published the first part of the roundtable Aug. 26.

Consolidation is more likely to come about through pursuit of smaller in-market acquisitions, larger investments in existing stores and more aggressive competitive tactics, they said during SN's seventh annual Financial Analysts

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