Nash Finch Posts Q3 Sales Declines

MINNEAPOLIS Nash Finch Co. here last week said that the minimal food-price inflation that has occurred recently does not appear to be helping drive sales volumes. The consumer reacts differently to rising prices in a recession than the consumer does in good times, said Alec Covington, president and chief executive officer, Nash Finch, in a conference call discussing third-quarter results. In the case

MINNEAPOLIS — Nash Finch Co. here last week said that the minimal food-price inflation that has occurred recently does not appear to be helping drive sales volumes.

“The consumer reacts differently to rising prices in a recession than the consumer does in good times,” said Alec Covington, president and chief executive officer, Nash Finch, in a conference call discussing third-quarter results. “In the case of the difficult environment that we're in now, increases in retail price

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