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April 15, 2013: Supermarket Stocks Show Q1 Improvements

The combination of an improving macro-economic environment and some strong company-specific performances might have driven the stock-price gains among traditional supermarkets in the first quarter, according to Andrew Wolf, a Richmond, Va.-based analyst with BB&T Capital Markets. The potential for Cerberus and Tesco to close stores, plus Kroger backing off on heavy price investments, point to a better competitive environment, he said.