Better sales and margin growth may be a year or more away, according to participants in SN's analysts' roundtable
Industry analysts said they believe sales growth among food retailers could begin to pick up by mid- to late 2010, though they acknowledged — during SN's 14th annual analysts' roundtable here — that profits may be slower to return. “This situation truly is unique,” John Heinbockel, vice president, Goldman Sachs here, told SN, “and I don't think you get back to normal anytime soon. You sort of grind your way back. At this point, less bad would be good.” Mark Wiltamuth, executive director ...
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