FEELING THE PINCH

It was a tough first half for supermarket operators.A combination of labor strife in Southern California and ongoing encroachment from alternative formats made it difficult for traditional supermarket operators to boost sales or earnings during the first half of 2004, industry analysts told SN, and with retailers from Wal-Mart Stores on down trying to drive sales growth, the quest by supermarkets

It was a tough first half for supermarket operators.

A combination of labor strife in Southern California and ongoing encroachment from alternative formats made it difficult for traditional supermarket operators to boost sales or earnings during the first half of 2004, industry analysts told SN, and with retailers from Wal-Mart Stores on down trying to drive sales growth, the quest by supermarkets to hold onto market share will continue to squeeze financial results through the ba

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