Industry Stocks Dip in '09

On Wall Street and Main Street food retailers generally fared better than other retailers in 2008, but now it's a whole new year. So far in 2009, some of the industry's better performers from last year Kroger, Wal-Mart and BJ's Wholesale among them have seen their shares take a turn for the worse. And some of the food retailers whose stocks performed poorly last year have only seen the trend

NEW YORK — On Wall Street — and Main Street — food retailers generally fared better than other retailers in 2008, but now it's a whole new year.

So far in 2009, some of the industry's better performers from last year — Kroger, Wal-Mart and BJ's Wholesale among them — have seen their shares take a turn for the worse. And some of the food retailers whose stocks performed poorly last year have only seen the trend intensify.

A report last week from Deborah Weinswig, an anal

Register to view the full article

test - Advanced Registered User

Already a member? .