Safeway Inc. (SWY): Today's Featured Retail Laggard
Safeway (SWY) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Safeway fell $0.36 (-1.5%) to $23.30 on light volume. Throughout the day, 3,525,219 shares of Safeway exchanged hands as compared to its average daily volume of 6,144,200 shares. The stock ranged in price between $23.17-$23.70 after having opened the day at $23.63 as compared to the previous trading day's close of $23.66. Other companies within the Retail industry that declined today were: Christopher & Banks Corporation (CBK), down 6.8%, Sears Hometown & Outlet Stores (SHOS), down 2.6%, Fresh Market (TFM), down 2.5% and Rite Aid Corporation (RAD), down 2.5%.
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