Supermarket Sales Show Inflated Results

Supermarket Sales Show Inflated Results

“Retailers were achieving decent, nominal sales and earnings during the second half of 2011, though there was actually a slowdown in real sales growth because of inflation.” — Andrew Wolf, BB&T Capital Markets   The second half “was a period of tough sledding for the industry as a whole because inflation was running amok." — Scott Mushkin, Jefferies & Co., New York

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