Industry analysts at SN's annual roundtable see food retailers walking a difficult tightrope between sales and profits in the months ahead
Retailers are unlikely to be able to raise gross margins over the next year as consumers hold onto their value orientation about food shopping, according to a panel of industry financial analysts at the 15th annual SN analysts' roundtable. "I don't believe we're in a recovery — it's more like we've had our economy reset, and shoppers have become more pragmatic," Neil Currie, executive director for UBS Securities, New York, said. "To some extent, any improvement in spending activity might ...
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.
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.