Economy Cuts Into Shopping Trips, Retailer Profits

Economy Cuts Into Shopping Trips, Retailer Profits

DALLAS — Supermarket profitability slipped to a new low in 2010 as consumers increasingly focused on bargains and made fewer trips to the store, according to data released at Food Marketing Institute’s Future Connect conference here last week.

DALLAS — Supermarket profitability slipped to a new low in 2010 as consumers increasingly focused on bargains and made fewer trips to the store, according to data released at Food Marketing Institute’s Future Connect conference here last week.

Median profits before income taxes and extraordinary items fell

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