WHO'S CONSOLIDATING AMERICA?

U.S. food retailing appears headed for additional consolidation, but it's unlikely that additional European companies will dive in.Many major European retailers -- who had been expected to seek acquisitions in the United States -- apparently now believe it's better to expand closer to home or to enter less-developed countries and grow with them rather than attempt to take on the world's toughest consumer

U.S. food retailing appears headed for additional consolidation, but it's unlikely that additional European companies will dive in.

Many major European retailers -- who had been expected to seek acquisitions in the United States -- apparently now believe it's better to expand closer to home or to enter less-developed countries and grow with them rather than attempt to take on the world's toughest consumer market, European observers told SN.

"European retailers like [France's]

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