MINNEAPOLIS — Nash Finch Co. here last week said that the minimal food-price inflation that has occurred recently does not appear to be helping drive sales volumes. “The consumer reacts differently to rising prices in a recession than the consumer does in good times,” said Alec Covington, president and chief executive officer, Nash Finch, in a conference call discussing third-quarter results. “In the case of the difficult environment that we're in now, increases in retail prices stemming ...
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.