Inflation Paces Supermarket Results in First Half

The faster retailers ran during the first half of 2008, the more inflation kept them pretty much in place, according to industry analysts, who said it may take a year or more before inflation subsides sufficiently for real sales and earnings growth to resume. With inflation in food and, for some operators, fuel having a relentless impact on financial results, real sales growth was generally flat,

The faster retailers ran during the first half of 2008, the more inflation kept them pretty much in place, according to industry analysts, who said it may take a year or more before inflation subsides sufficiently for real sales and earnings growth to resume.

With inflation in food and, for some operators, fuel having a relentless impact on financial results, real sales growth was generally flat, and real earnings gains were absent during the first half as retailers passed through pri

Register to view the full article

test - Advanced Registered User

Already a member? .