Many wholesale executives attending this week's Midyear Executive Conference of the National-American Wholesale Grocers' Association at The Greenbrier will recall an earlier NAWGA meeting at which the concept of "inside margin" got quite an airing. It was in March 1993, at NAWGA's annual meeting in San Francisco, that the perilous extent to which the wholesale industry had become reliant on inside margin was mentioned in the context of a formal study of wholesaling. It became quite the ...

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