SN’s Analysts Roundtable, Part 2: Weighing in on Safeway, Kroger, Walmart
“Safeway was stuck. Management seemed to think that with a unionized cost structure, its only alternative [to low price] was differentiation, and Safeway wasn’t able to execute when it tried to differentiate.”
—ANDREW WOLF, BB&T Capital Investments
“[Kroger's acquisition of Vitacost.com] is a smart way for Kroger to get into the game fairly early.”
—JASON DeRISE, UBS
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