UNCHARTED WATERS

The supermarket industry's competitive outlook is getting more complex. With consolidation gaining momentum and Wal-Mart about to unveil a supermarket-type format, retailers will be under more pressure in charting their future courses, according to participants in SN's annual Financial Analysts' Roundtable conducted in New York City.American Stores Co. will lead to a host of integration issues and

The supermarket industry's competitive outlook is getting more complex. With consolidation gaining momentum and Wal-Mart about to unveil a supermarket-type format, retailers will be under more pressure in charting their future courses, according to participants in SN's annual Financial Analysts' Roundtable conducted in New York City.

American Stores Co. will lead to a host of integration issues and potential reassessments of some of American Stores' operations, including Acme.

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