Retail View: Supermarkets must adapt to survive
Retail View: Supermarkets must adapt to survive
Recently, publicly traded Safeway Stores put itself up for sale and found a suitor. Many looked at the sale and opined that the mega-supermarket format has passed it prime, with the firm being worth more to investors if it is sold and broken into pieces than if it continues to operate as one of the nation’s largest supermarket chains.