Safeway Inc ( SWY) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day down 2.1%. By the end of trading, Safeway Inc fell 38 cents (-1.9%) to $19.37 on light volume. Throughout the day, 4.3 million shares of Safeway Inc exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in price between $19.37-$19.73 after having opened the day at $19.60 as compared to the previous trading day's close of $19.75. Other company's within the Retail industry that declined today were: Pacific Sunwear ( PSUN), down 10.1%, ValueVision Media Inc ( VVTV), down 8.9%, PC Connection Inc ( PCCC), down 8.7%, and Overstock.com Inc ( OSTK), down 8.4%.

Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway Inc has a market cap of $6.5 billion and is part of the services sector. The company has a P/E ratio of 13.1, above the average retail industry P/E ratio of 12.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 11.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Safeway as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow.

On the positive front, Bidz.com Inc ( BIDZ), up 5.8%, Pier one Imports Inc ( PIR), up 4.2%, and Dollar General Corporation ( DG), up 1.8%, were all gainers within the retail industry with Bed Bath & Beyond Inc ( BBBY) being today's featured retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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