The supermarket industry continues to face tough competition. As reported in the Wall Street Journal: “Squeezed by Wal-Mart, high operating costs, and thin margins, traditional supermarket chains are struggling to compete for consumers dollars. The latest casualty: Supervalu shares plunged 44 percent.”
Watch this Wall Street Journal video to learn more. [Note: There is a brief ad at the beginning of the video.]
Retailing: From A to Z 