2018 Independent Grocers Financial Survey Released

General News

Summary

Deflation was especially drastic toward the beginning of the year, however by December, monthly food at home prices began to show improvement. “Independents have always faced stiff competition from other retailers, especially big chains and discount warehouses,” says Robert Graybill, president and CEO of FMS. But our study has shown that independents are able to adapt where they’re able and embrace their strengths over these new formats.” “There’s no doubt that the supermarket industry is changing at a rapid pace. “This study offers good insight on where the profit leaders are excelling and areas of needed improvement by independents.” Indeed, despite a growing number of competitive formats, independent grocers’ margins were slightly ahead of where they were a year ago. The studys goals are to gauge the financial performance of independent grocers and put it in context with economic, political, and competitive factors.

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Accounting and Taxes

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Retail Software Accounting Software Payroll Software

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FMS Solutions
$10M to $25M