NASH FINCH SEES COMPS SLIDE 11.7%

MINNEAPOLIS -- Nash Finch Co. here said last week that same-store sales in the fourth quarter of last year fell 11.7% amid a difficult economic and competitive environment.In an earnings call discussing its long-overdue third- and fourth-quarter results from 2002, the wholesaler and retailer reported that consumers appeared to be trading down to less expensive items and switching to alternative channels

MINNEAPOLIS -- Nash Finch Co. here said last week that same-store sales in the fourth quarter of last year fell 11.7% amid a difficult economic and competitive environment.

In an earnings call discussing its long-overdue third- and fourth-quarter results from 2002, the wholesaler and retailer reported that consumers appeared to be trading down to less expensive items and switching to alternative channels in the Upper Midwest, where Nash Finch has faced nearly 40 supercenter openings i

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