The average supermarket operates on a 1 or 2 percent profit margin and must be sustainable for at least a decade to recoup any profit, so retailers can't afford to pick unprofitable locations, said David Fikes, vice president of consumer and community affairs for the Food Marketing Institute.
Date: Dec 07, 2015
Category: Business
Source: Google
Harvard study questions the worth of food expiration dates
David Fikes, a spokesman for the Food Marketing Institute, which represents food retailers and wholesalers, said the group agreed there had to be a clearer way for the consumer to read dates. However, it disagreed the code should be hidden, because that would make it difficult for store employees to