Analysts Pessimistic on Supermarket Sales Growth

NEW YORK — Some industry retail analysts are advising clients to invest with caution in 2012, predicting sales will weaken under the stress of declining inflation and declining demand.

John Heinbockel, an analyst at Guggenheim Securities here, in a report this month said he believed all U.S. retailers will see comps weaken by 1% to 2% in 2012 as an overabundance of retail square footage and tepid demand from consumers slow the overall growth of the $1.7 tr

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