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FROM FMI: Gains Mixed, but Problems Universal for Grocers in 2006, Says FMI Speaks Study
CHICAGO, Ill. - Supermarket industry sales increased 5.3 percent in 2006, and same-store sales rose 4 percent, the highest gain in more than a decade, according to the Food Retailing Industry Speaks: Annual State of the Industry Review 2007, released here this week by the Food Marketing Institute (FMI). These gains bettered 2005's 4.6 percent and 2.4 percent gains, respectively, in 2005.