MINNEAPOLIS -- Nash Finch Co. here said last week it expects the marketplace to remain "exceptionally promotional" for the next 12 months. That will result in a severe compression of gross margins, said Ron Marshall, president and chief executive officer, "and the challenge for the industry will be to make the appropriate expense reductions to offset that and allow net margins to continue to grow." Marshall made his remarks in a conference call following the release of the company's ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.