The slumping economy took its toll on financial results among supermarket companies during the first half of the year, and the outlook for the second half is more of the same, according to SN research and securities analysts. As pocketbook issues became more important to consumers, retailers responded by investing gross margins to become more price aggressive in an effort to hold onto sales, analysts told SN. Moving into the final quarter of the year, they were guarded in their expectations ...
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