CAUTIOUS OPTIMISM

Supermarket and wholesaler chief executive officers interviewed in recent weeks by SN predicted a continuing economic recovery in 2004, which they see translating into more consumer spending.However, competition from non-traditional formats will continue to put pressure on conventional food retailers. That will affect retailers' ability to raise prices and force them to continue to look for ways to

Supermarket and wholesaler chief executive officers interviewed in recent weeks by SN predicted a continuing economic recovery in 2004, which they see translating into more consumer spending.

However, competition from non-traditional formats will continue to put pressure on conventional food retailers. That will affect retailers' ability to raise prices and force them to continue to look for ways to control costs. Labor and health care costs in particular will remain major challenges

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TAGS: Walmart