date:May 22, 2013
Sixty percent of food retailers surveyed said they had higher customer counts in 2012, according to a new report from Food Marketing Institute, although average sales growth was below inflation.
The Food Retailing Financial and Business Review 2013, released here at the FMI Financial Executive Conference, found that same-store sales increases in the industry averaged 1.6% in 2013, excluding fuel. The average was 2.3% including fuel.
However, the report noted that 72.3% of companies reported sa