DALLAS — Supermarket profitability slipped to a new low in 2010 as consumers increasingly focused on bargains and made fewer trips to the store, according to data released at Food Marketing Institute’s Future Connect conference here last week. Median profits before income taxes and extraordinary items fell to 1.57% last year, FMI’s 2011 Speaks survey of retailers found. It was the lowest margin reported in the last 10 years, falling slightly below 2009 levels of 1.62%. In addition, FMI’s ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.