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BRIEF-Fitch says battle for customers persists in 2017 for U.S. retail, restaurants
December 12, 2016 / 4:45 PM / a year ago

BRIEF-Fitch says battle for customers persists in 2017 for U.S. retail, restaurants

Dec 12 (Reuters) - Source: Fitch

* Fitch says battle for customers persists in 2017 for U.S. retail, restaurants

* Fitch says U.S. retailers and restaurants will continue to face a competitive environment in 2017 as they navigate changing customer preferences

* Fitch on U.S. retail, restaurants says projects U.S. Retail sales, excluding automobiles and gasoline, to grow 3%-4% in 2017

* Fitch on U.S. retail, restaurants says restaurant companies will also see market share shifts in 2017

* Fitch on U.S. Retail and restaurants says expects food away from home sales to increase 4% in 2017, slightly lower than 5% projected for 2016

* Fitch on U.S. retail, restaurants says it believes Mcdonald’s Corp. will continue to lose market share in U.S. due to heightened competition Source text for Eikon:

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