ROUGH RIDING

Financial performance during the first half of the year became a delicate balancing act for the Top 10 publicly traded supermarket companies.The challenge was to grow the top line while keeping margins and earnings strong, said analysts. The first half came under increasing competitive pressures from alternative formats and traditional supermarket chains that ratcheted up promotional pricing. Economic

Financial performance during the first half of the year became a delicate balancing act for the Top 10 publicly traded supermarket companies.

The challenge was to grow the top line while keeping margins and earnings strong, said analysts. The first half came under increasing competitive pressures from alternative formats and traditional supermarket chains that ratcheted up promotional pricing. Economic uncertainty gripping the country began to impact food sales for some during the lat

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