COLUMBUS, Ohio -- Research firm Retail Forward here last week predicted that the supermarket industry would see little respite in 2003 from the pressures that plagued it last year. "[Supermarkets'] lack of pricing power is limiting their ability to grow sales, but that's only a symptom of the increasing competition they're facing, with Wal-Mart and Target opening supercenters," said Frank Badillo, senior economist, Retail Forward, in a conference call discussing the overall retail outlook ...
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