Analysts say real sales
growth may return in
the first half
With inflation receding and prices coming down, supermarkets may see real improvement in sales and earnings during the first half of this year, some industry analysts told SN. That would represent a reversal of fortunes from the trends they experienced during the second half of 2008, when real growth was tough to come by. During the six months paralleling the second half of the calendar year, total food sales among the top 10 chains with public equity or debt rose 4.8% above levels in the ...
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