USA: Safeway US - struck by slow growth and dotcom doom - COMMENT (Members)
Shares in US supermarket group Safeway have fallen 7% to a 52-week low. The battering came as Safeway's 16% Q2 earnings growth fell short of expectations. Webvan's demise also didn't help, since a new online grocery joint venture with Tesco is a major part of Safeway's future strategy.
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