It's been a difficult year, and at this point it looks like the economy could get much worse before it gets better. However, supermarkets are in the business of selling a basic necessity, and thus will remain in an enviable position compared with most other types of retail during a recession. That's not to say that supermarkets can rest easy. Competition will become ever more intense as shoppers cut their budgets and seek out the best values. Prepared foods remain a key area of ...

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