Around the Net
Supermarkets Are Losing Price War
- USA Today, Tuesday, March 21, 2017 8 AM
Low food prices and razor-sharp competition are creating bargains for shoppers -- but killing profits for grocery chains. At the same time, supermarkets are destroying their profit margins as they fight for new shoppers -- and fight off deep discounters like Walmart and online sellers. It becomes a spiral. As food prices fall, retailers become more aggressive.
