ARLINGTON, Va. — The independent sector saw average net profits before taxes rise to 1.12% in 2011, compared with 1.08% in 2010 — a gain of 3.7% — according to the 2012 Independent Grocers Financial Survey from the National Grocers Association and FMS Solutions. Independents also saw same-store sales rise 2.6%, although after adjusting for food-at-home inflation, comps actually came in at a negative 2.2%, the survey found. Total store gross margin increased 65 basis ...
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 complimentary access to the SN salary survey data tables.
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.