Natural Grocers: Cannibalization, economy trigger sales shortfall

Natural Grocers: Cannibalization, economy trigger sales shortfall

Largely due to cannibalization from its new stores and increased competition for natural/organic food sales, Natural Grocers by Vitamin Cottage late Wednesday said sales and earnings in its fiscal second quarter would come in well below expected ranges.

The Lakewood, Colo.-based natural foods retailer also said an economic downturn in oil-dependent Midwest states, weather-related sales impacts in Color

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