date:Jun 20, 2014
ter indicated shoppers were less cautious in their spending and more confident the economy was recovering. Food inflation estimated at 1.8% during the quarter was also a bit higher than expected.
We are seeing strong positive indicators in shopping behavior, CEO Rodney McMullen said. Our customers have exhibited less cautious spending behavior, for example. Consistent with the rise in consumer confidence index in May, our own customer research tells us that more customers perceive the economy t