Our Top Three Grocery Picks
These picks are faring well in the recession and trading at attractive prices.
Over the last few decades, the landscape of the grocery store industry has changed considerably. Grocery retailers, once bullied by the large consumer products companies they depended on, used consolidation as a means to fight back, only to face heightened competition from newer and different types of food retailers. Now, with consumers tightening their belts and changing the way they spend their food dollars in reaction to the recession, grocery stores are finding a renewed opportunity to take share of the consumer's food dollar. However, given that consumers are more price sensitive than ever, grocery stores must strike the right balance of low prices that drive foot traffic without sacrificing too much in profits.
In this article, we will take a brief look at the changing landscape of the grocery store industry and review our top three picks.
Ann Gilpin does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.