Friday, July 01, 2005

Format Innovation

¿Game Over? Supermarkets threatened by big bad Wal-Mart have not been able to speed their operations and match its buying power. Note to self: Latinamerican retailers have to considerable improve their operations.

FT.com: Major US supermarkets downgraded:

"S&P cited increased competition in particular from Wal-Mart stores supercenters, which offer both groceries and general merchandise, as well as from Costco, the discount warehouse club, drug stores, and low cost dollar stores.

On Tuesday, Fitch credit rating agency said it had changed its outlook on Kroger and Albertson's debt to negative, and affirmed its negative rating on Safeway. "