Analyst: Competition slowing growth for natural/organic retailers

Analyst: Competition slowing growth for natural/organic retailers

Decreased consumer demand for discretionary purchases combined with stepped-up competition from the conventional channel is leading to weaker results for natural and organic food retailers, a financial analyst said in a report Monday.

The report was based on a May survey of more than 150 natural, organic and specialty store retailers conducted on behalf of Wolfe Research analyst Scott Mushkin. Their responses indicated that fewer natural/organic retailers were seeing increased s

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