Supermarkets, discounters hang tough as retailers weather a difficult season
Analysts expect this to be a dismal summer for retail sales overall, but supermarkets seem to be holding up well, according to early feedback on the back-to-school season. A variety of factors have converged to make this season especially challenging — in addition to the lingering recession, some parts of the country have suffered a decline in summer tourist business due to unseasonably cold and rainy weather, and the back-to-school season has been delayed overall this year because of the ...
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