NEW YORK -- Many of the supermarket industry's top executives said they expect tough operating conditions to continue this year. The same clouds that have hung over the industry for the past two years -- little or no food-price inflation, a price-conscious consumer and increasing competitive pressure from a host of operators -- remain in the 1994 forecast. That was the consensus among industry executives who attended the annual Lehman Bros. Food Retailing Conference here last week. "It's ...
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