Bleak Expectations: Financial Pressures Worry Supermarket Analysts

Bleak Expectations: Financial Pressures Worry Supermarket Analysts

The sluggish economy and other factors will continue to challenge many traditional supermarkets, according to participants in the 2012 SN Analysts Roundtable Part 2 of the Roundtable: Is Kroger All It Can Be?

NEW YORK — The economy is not likely to get better in the foreseeable future, putting ongoing pressure on middle-class consumers and the supermarkets at which they shop, according to participants at SN’s 17th annual Analysts Roundtable here.

The analysts also said they expect Supervalu to sell most of its conventional assets as it tries to retrench.

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