Supermarket CEOs Optimistic Despite Weak Economy

Supermarket CEOs Optimistic Despite Weak Economy

“We’re seeing customers make more use of coupons, do more shopping of ads, have more willingness to buy private label, move from steak to chicken and do more comparison shopping via social media or simply by going from store to store to compare prices.” — Mark Skogen, president and CEO of Festival Foods

Top industry executives are mostly downbeat about the national economy — but upbeat about their own prospects through the second half of 2012.

“When 18 million Americans still are not working, I see no leadership in Washington from either party to create jobs,” Jack Brown, chairman and chief executive office

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