The Worst-Performing Stocks of 2010
SuperValu (down 27 percent). Sales are down at this big grocery chain, which operates under names such as Shaw's, Acme, Albertson's, Shop 'N Save, and Shopper's, thanks to cost-conscious consumers and brutal competition from big discounters like Wal-Mart. The company has been closing some stores and restructuring, but pressure in this low-margin business remains intense. Investors are also skittish about a labor force that's heavily unionized and puts SuperValu at a cost disadvantage.
Comment: SVU was my turkey stock of 2010