Nash Finch Cites Impact of Sequestration

MINNEAPOLIS — The budget cuts known as sequestration that took effect on Friday have already been impacting wholesaler Nash Finch, the company said. The company, which generates nearly half its sales from distribution to military commissaries, said those volumes have been under pressure since January as a result of the threat of sequestration. “On the military side of our business, sequestration will cast a cloud on our sales during at least the first half,” said Alec ...

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Discuss this Article 1

FrankZ
on Mar 4, 2013

What a bunch of baloney. How can this already have an effect? The military is already cutting back, so in effect there has been and will be pain, but this is pure bunk that the sequestration has caused this already.

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