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Safeway may put itself on the auction block




A Safeway customer walks in front of a Safeway grocery store July 20, 2006 in San Francisco, California.
A Safeway customer walks in front of a Safeway grocery store July 20, 2006 in San Francisco, California.
Justin Sullivan/Getty Images

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The supermarket industry may be in for shakeup.

Earlier this week, Safeway announced its in talks to sell the company. The California-based company is the second largest grocery chain in the nation. But as shopping styles have changed, the mega market has found it tough to compete.

Burt Flickinger, supermarket analyst with Strategic Resource group in New York, joins the show to explain the repercussion of this deal