CFA, Managing Partner
VERBATIM:Survival Followed by Turf Wars:How Retailers and Restaurants Spent 2009
Reigning in sharp losses was the top priority early last year, however, many firms benefited from the tailwind of easy year‐over‐year comparisons that's now about to end. The eve of 2010 was branded by an increasing effort to defend turf whilst capturing share from nontraditional markets. Retailers now find they can grab consumer spending from grocers, and grocers discover ways to outcompete restaurants. CPG firms sidestep retailers via the Internet, as retailers get smarter about private label.