WASHINGTON -- The downward spiral in the U.S. economy will result in a tougher environment for all consumers but will produce a variety of opportunities for supermarkets to grow sales, according to Tim Hammonds, chairman and chief executive officer of Food Marketing Institute here. Speaking with SN in an interview preceding next month's FMI convention, Hammonds said the slower economy will mean people will eat out less and take more meals at home, giving retailers the opportunity to ...
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