NEW YORK — A possible slowdown in consumer spending during the holiday season could force shoppers to pass up supermarkets in favor of discounters on some items, Moody’s Investor Service said in a report issued here yesterday. However, sales of high-margin generic goods might temper the losses for grocers, the report pointed out. According to the report, which covered a range of retaining in several industries, “The coming holiday season will be the next big test for retailers because of the ...

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