Supermarket Stocks Ride Economy to First-Half Gains

Supermarket Stocks Ride Economy to First-Half Gains

“Overall, things are getting ‘less worse’ for the industry with the economy improving.” — Andrew Wolf, analyst, BB&T Capital Markets

Buoyed by an improving economy and an increase in merger-and-acquisition activity, food retailing stocks gained ground in the first half of 2013, with many outpacing the market overall and all showing at least some positive movement.

Minneapolis-based Supervalu, which completed the sale of its largest traditional supermarket banners in March, was the industry leader in terms of percentage gain in the first six mont

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