date:Aug 06, 2012
s ability to charge significantly less than its supermarket competitors, Walmart and its discount brethren have the opportunity to completely kill the Big Three supermarket chains -- Kroger, SuperValu, and Safeway-- and change the grocery industry as we know it.
We're already seeing big changes in the way people buy their groceries:
SuperValu has seen a decline in same-store sales (a good measure of foot traffic) for three years running.
And Safeway's same-store sales rose a paltry 1.6