FOOD RETAILERS REPORT PROFIT GAINS

WASHINGTON - Supermarket operators recorded significant gains in profit margins in the past year despite increases in energy costs, the Food Marketing Institute here said last week in its Annual Financial Review.e report's 37-year history.Most of the companies surveyed - 87.5% - said they had increased energy costs during the year. Retailers said they spent an average of 1.72% of their sales on energy.

WASHINGTON - Supermarket operators recorded significant gains in profit margins in the past year despite increases in energy costs, the Food Marketing Institute here said last week in its Annual Financial Review.

e report's 37-year history.

Most of the companies surveyed - 87.5% - said they had increased energy costs during the year. Retailers said they spent an average of 1.72% of their sales on energy. Energy-cost increases for store operations were up an average of 9.5%,

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