Food retailers expect little change from a grim 2009
While a new year can mean a new start, few grocery industry leaders are anticipating much will change in 2010. They expect the new year will be a continuation of a difficult 2009, which challenged operators to compete amid price deflation, tight credit markets and a heavy new emphasis on value to meet a U.S. shopper base beset by financial uncertainty and high unemployment. Optimism for 2010 centers on retailers being able to keep their own costs down, and for deflation to reverse itself. ...
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