Economic Woes Seen Affecting Supermarkets Less

Supermarkets and drug stores are expected to show relatively greater strength during the first half of 2008 than other retail segments, including home- and apparel-related businesses, which will be hurt by pressures on discretionary spending among most consumers, according to a report issued yesterday by Fitch Ratings, a global credit ratings agency

NEW YORK — Supermarkets and drug stores are expected to show relatively greater strength during the first half of 2008 than other retail segments, including home- and apparel-related businesses, which will be hurt by pressures on discretionary spending among most consumers, according to a report issued yesterday by Fitch Ratings here, a global credit ratings agency. "Given their broad non-discretionary product offerings and convenient store locations, supermarkets are expected to perform well

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