The impact of the restoration of the Social Security tax and the potential for merger-and-acquisition activity are “wild cards” facing the supermarket industry in 2013, as one analyst described the situation. The 2% Social Security “tax hike” for workers — after a two-year suspension — is akin to a $1 per gallon increase in the price of gasoline, as far as its potential impact on consumer spending, said Andrew Wolf, a Richmond, Va.-based analyst with ...
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