Sales growth to slow in ’08, with pressure on profits, IFMA says
CHICAGO (Sept. 20)
Despite a general economic slowdown, foodservice sales are expected to continue
to grow during 2008, albeit at a slower pace than in recent years, according the
International Foodservice Manufacturers Association and Technomic Inc.
But, their forecast indicates, the higher costs of fuel, commodities and labor will
likely put increasing pressure on margins.
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