...Sector and Sub-Sectors: This report presents the key elements used for peer comparison in the food retail sector. The food retail sector covers companies whose primary business is the sale and distribution of perishables and grocery items, and general merchandise categories such as clothing, household goods, consumer electronics, office supplies and toys. Some groups also include other businesses such as cash and carry and captive financial services. Key Factors: The Sector Risk Profile defines and groups companies operating in the sector into a natural rating territory based on Fitch`s view of the inherent risk profile of the industry. Each company`s overall risk profile generally does not stray too far from this rating range. After assessing the Operating Environment, then Management and Corporate Governance, the Navigator examines four Sector-Specific factors for given rating levels. Finally, three Financial Profile factors help capture financial attributes commensurate with particular...
