Financial returns for most leading supermarket chains made it seem like the industry was caught in a pressure cooker during the first half, and the lid is unlikely to come off during the second half, industry analysts told SN. First-half sales were hurt by the continuing downturn in the economy and strong competition from non-traditional operators, they pointed out, which resulted in a severe drop in operating income as most supermarket operators cut gross margins to boost ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.