Supermarket retailers told SN their expectations are running high that they can maintain a healthy sales momentum as the Memorial Day weekend kicked off the summer selling season last week. Meanwhile, analysts cautioned that escalating costs due to increases in gasoline prices and inflation could offset increases in food sales for the bottom line. "Usually when wholesale gas prices go up, retail spending goes down, and though sales may look better, profits will be squeezed," said Andrew ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.