UNEXPECTED EVENTS CAUSE DISRUPTION, LOSSES

The food industry adeptly navigated the uncertainties of external events in 2003.The war in Iraq, which began on March 19, caused consumers to be anxious about renewed terrorist attacks. Some supermarkets saw a run on duct tape and other survival supplies in the weeks leading up to the war and during several Code Orange alerts. Retailers were minimally affected by the loss of some manpower due to

The food industry adeptly navigated the uncertainties of external events in 2003.

The war in Iraq, which began on March 19, caused consumers to be anxious about renewed terrorist attacks. Some supermarkets saw a run on duct tape and other survival supplies in the weeks leading up to the war and during several Code Orange alerts. Retailers were minimally affected by the loss of some manpower due to military deployments. However, supermarkets supported the troops with enhanced mili

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