Babaamaajimowinan (Telling of news in different places)

Schafer: Groceries get cheaper, to retailers' dismay

The takeaway from last week’s quarterly results from Supervalu was that analysts and investors weren’t expecting much but still got disappointed.

CEO Mark Gross had to repeatedly explain on his investor conference call that it was a “challenging” or “difficult” time to be running a chain of grocery stores. And in fairness to him, he’s far from alone in his industry in holding these views.

For those not up on industry news, it can be puzzling at first just what he could be talking about.

http://www.startribune.com/groceries-get-cheaper-to-retailers-dismay/398887141/

 

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