Date: May, 2005
Abstract: The United States (U.S.) food retail sector is benefiting from an improved economic environment and supermarket sales are estimated to have to grown by around 5.7 percent from USD 433 billion in 2003 to 457 billion in 2004. The effects of improved consumer confidence are being counteracted by the consumer tendency to spend more money on food away from home, increased labor costs and an increasingly competitive market environment. These factors are impacting the financial performance of U.S. food...
Research Type: Industry Note