Moody's Sees 'Tepid' Supermarket Performance

NEW YORK — Moody's Inc. here said Wednesday that supermarkets can be expected to report "tepid" results in 2012.

"With a struggling economy and high unemployment, supermarket shoppers will hold on to thrifty buying habits," the debt-ratings agency said in an outlook report on various retail channels. "As food commodity prices continue to rise, supermarkets will find it harder to pass on these costs to consumers and will therefore see the

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