Target, Kroger, Safeway Gain in PoweRankings
Nov 19, 2007 12:00 PM
WILTON, Conn. — Target, Kroger and Safeway all showed strong gains in this year's Cannondale Associates PoweRanking, an annual assessment of food retailers' strategic initiatives by manufacturers.
Wal-Mart Stores, Bentonville, Ark., maintained its position at the top of the composite rankings with a score of 57.2%, despite a slip of 7.1% from a year ago. Minneapolis-based Target Corp., at No. 2 with a score of 43.4%, gained 4.9% over year-ago levels, and Kroger Co., Cincinnati, was No. 3 with a score of 30%, up 4.5%.
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