Deflation, Economy Impact AG-Baton Rouge Sales

Associated Grocers was able to produce some modest market-share gains in the most recent fiscal year, despite a 2.6% decline in sales, according to reports.

BATON ROUGE, La. — Associated Grocers was able to produce some modest market-share gains in the most recent fiscal year, despite a 2.6% decline in sales, according to reports.

The wholesalers' sales for the year ended that May 28 fell to $678 million, due to heavy trading down by customers and a 2.1% impact from deflationary pricing, which also pressured margins, said a source, who asked not to be identified.

Profits were up because AG was able to reduce labor costs by

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