PROJECTED ANALYSIS

The retail food industry may face some potential stumbling blocks later this year that could alter the generally positive tone of the competitive environment, securities analysts told SN.Those blocks could include an inflation-free sales environment, heightened promotional activity and increasing overcapacity.Jonathan Ziegler, a San Francisco-based securities analyst with Salomon Bros., New York,

The retail food industry may face some potential stumbling blocks later this year that could alter the generally positive tone of the competitive environment, securities analysts told SN.

Those blocks could include an inflation-free sales environment, heightened promotional activity and increasing overcapacity.

Jonathan Ziegler, a San Francisco-based securities analyst with Salomon Bros., New York, said that while he expects business to continue to be good this year, there is

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