Retailers Worry About Protracted Recession

Retailers Worry About Protracted Recession

Supermarket operators are bracing for a prolonged economic slowdown that will put pressure on their profitability, according to a survey of food retailers conducted last month by SN. Recovery from the economic recession won't come until at least next year, respondents said. About 84% of those surveyed said they expect the recession to extend to at least 2010, and about a third of those 23.7% of total

Supermarket operators are bracing for a prolonged economic slowdown that will put pressure on their profitability, according to a survey of food retailers conducted last month by SN.

Recovery from the economic recession won't come until at least next year, respondents said. About 84% of those surveyed said they expect the recession to extend to at least 2010, and about a third of those — 23.7% of tota

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