GUARDEDLY BULLISH

CHICAGO -- The supermarket industry has a number of reasons for optimism, despite hefty challenges ahead.The positive signs range from sales data to consumer outlook trends, Michael Sansolo, group vice president of education and industry relations at theFood Marketing Institute, said last week during FMI's annual convention here.Sansolo said one reason for encouragement is that only 16% of operators

CHICAGO -- The supermarket industry has a number of reasons for optimism, despite hefty challenges ahead.

The positive signs range from sales data to consumer outlook trends, Michael Sansolo, group vice president of education and industry relations at the

Food Marketing Institute, said last week during FMI's annual convention here.

Sansolo said one reason for encouragement is that only 16% of operators surveyed by FMI reported a sales decline in 1994, compared with a

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