Food retailers struggled to navigate a difficult economic environment in 2010
The recession may be over, but for many supermarket companies, the pain lingered on through 2010. Stubborn deflation and lingering unemployment kept a tight lid on sales growth for many operators, who wrestled with pricing and margin issues all year. “Overall, the economic recovery is slower and weaker than we anticipated it would be at this point in the year,” said David Dillon, chairman and chief executive officer, Kroger Co., in a recent earnings conference call. “Job growth remains ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.