Retailers expect inflation to boost sales for the holiday season, but it's a two-edged sword
Food retailers and wholesalers around the country are cautiously optimistic about the upcoming holiday shopping season, citing some benefits to the top line from higher prices. Operators noted that inflationary price increases might be difficult to capitalize on, however, as consumers remain under pressure in the lackluster economy, and competition, while rational, is still fearful about losing traffic. John DeJesus, president of Foodmaster, Chelsea, Mass., said he was worried that ...
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