Redefining the Local Grocer

Courtesy Titan/Peapod

From the bankruptcy at Borders to the further downgrading of J. C. Penney’s stock despite its high-profile re-branding efforts, retailers have been in the news a lot lately—most of it bad. But there’s some good news from one of the unlikeliest parts of the retail sector—groceries, which is known for its razor-thin profit margins. This year alone, three of the largest food retailers in the U.S. have made some unexpected moves.

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