Retailers Temper Outlooks

The recession may be over but so too is the post-recession rebound. Financial results from several food retailers in the most recent earnings period illustrated a bleaker economic environment than many expected as the modest recovery exhibited in first-quarter results proved to be short-lived. Most food retailers found themselves in tight price competition that cut into profits as shoppers continued

The recession may be over but so too is the post-recession rebound.

Register to view the full article