Milwaukeebased Metro Market is one of Roundy39s retail banners

Milwaukee-based Metro Market is one of Roundy's retail banners.

Will conditions slow the turnaround at Roundy's?

This article is part of a series covering SN's annual Financial Analysts Roundtable, which on Sept. 19 brought together a prestigious group of industry experts to discuss the financial state of the food retailing industry. Click here to read the entire Roundtable transcript.

Few analysts disagree that Kroger’s acquisition of Roundy’s Supermarkets late last year gave the Cincinnati-based retailer a lot of potential for the price, but worsening industry conditions in the months since — and Kroger’s subsequent slashing of capital expenditures as a defense — lead some analysts to believe a turnaround could be more difficult than expected.

The deal, completed last December, provided Kroger with a fixer-upper and a growth vehicle. It got a well

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