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Sklar predicts decelerating deflation will benefit grocery

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cheap iphone Cases Metro said sales rose 1.4 per cent to $4.07 billion in the period, but same store sales, an important retail bellwether, fell 0.2 per cent as the price of its average basket of food fell one per cent.In the quarter ended June 17 best rugged iphone x case, same store sales at Loblaw rose 1.2 per cent, but the country largest grocer said its own food prices fell lower than average national food price deflation of 1.4 per cent in the quarter.intensity increased in the quarter, resulting in an inability to pass through some commodity price increases, BMO analyst Peter Sklar wrote in a note to clients regarding Metro. Believe that cost increases in meat and poultry were not passed on to consumers, likely manifesting itself in deep feature prices on the front pages of flyers. Sklar predicts decelerating deflation will benefit grocery retailers in the coming quarters.More critically, Winder said, the low margin business of grocery retail is grappling with the rise of online shopping.smart folks realise that they have to have a direct to home delivery system and that not easy, he said. cheap iphone Cases

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