ARLINGTON, Va. — The financial gap between the top tier of independent operators and those closer to the middle is widening, according to the 2011 Independent Grocers Financial Survey from the National Grocers Association here. The study — conducted by FMS Solutions, Baltimore — indicated operating profit margins for the top 25% of independents was 4.07% this year, compared with the median level of 1.08%. That compares with margins of 4.10% for the top operators last year, compared with a ...
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