2014 Outlook: CEOs plan innovations, efficiencies

2014 Outlook: CEOs plan innovations, efficiencies

“I feel like we’re positioned pretty solidly, but there’s competition. The pie only gets so big; it just gets sliced more. Right now, there’s way too much footage chasing way too few dollars." — PAT FOX Fox Bros. Piggly Wiggly

Retail CEOs interviewed by SN were mostly optimistic on their outlooks for 2014, buoyed by a focus on productivity improvements and new efforts around differentiation.

Most are not counting on meaningful gains from the nation’s slow-but-steady economic growth, however. Lower-income consumers are being hit by cutbacks in benefits like the Supplemental Nutrition Assistance Program, as well as by new costs related to the Affordable Care Act, retailers said.

“I think

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