Sales Strong, but Costs Are a Concern

Food Marketing Institute painted a healthy sales picture for the supermarket industry, but it cautioned the numbers could be deceiving. Like a lot of things in the industry, it's a matter of it depends, said Michael Sansolo, senior vice president, FMI, who presented the figures at the FMI Speaks event last week. The sales figures, based on data from more than 15,000 stores, showed overall

CHICAGO — Food Marketing Institute painted a healthy sales picture for the supermarket industry, but it cautioned the numbers could be deceiving.

“Like a lot of things in the industry, it's a matter of ‘it depends,’” said Michael Sansolo, senior vice president, FMI, who presented the figures at the FMI Speaks event here last week.

The sales figures, based on data from more than 15,000 stores, showed overall sales growth of 5.3% in 2006 and same-store sales growth of 4%.

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