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2012-09-16 23:02:07

The industry remained relatively resilient during the recession, with grocery stores capitalizing on consumer demand for budget-conscious foods. Instead of eating out, out-of-work or struggling individuals turned to grocery stores for the basic essentials. As the economy makes a turnaround over the next five years, revenue will suffer marginally, as consumers eat out more often at restaurants because of lack of time and higher income levels. Additionally, competition between stores will...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.