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4/8/08
GHQ: A tighter belt

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RetailWire Discusses a Grocery Headquarters Magazine Article

A weakened economy and continuing pressure to achieve a speedy ROI has created a cautious spending environment, leading to a slowdown in new store development and remodels for supermarkets. According to the Food Marketing Institute's Facts About Store Development 2007, projected activity for 2007 shows a small increase of 2.4 percent for new construction and 0.6 percent for remodels. Has the supermarket industry entered a more rational period of store development? Is this only a temporary delay?

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