NEW YORK — A renewed period of price investments across the industry — driven by Supervalu's efforts to drive customer sales and traffic — could have a negative impact on already declining gross margins over the next 18 months, according to a report by Fitch Ratings here. As Kroger, Safeway and Wal-Mart respond to Supervalu's pricing, Supervalu is likely to see sales and margins worsen over the near term, Fitch added. According to the ratings agency, EBIT ...
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