101.   Russell Grandinetti, manager of investor relations, said gross margins have been improving steadily over the past four quarters.

102.   Sainsbury issued a profit warning in January and said its gross margin would decline in the full year.

103.   Scarves, jewelry, purses and other accessories typically bring in the highest gross margins in store sales and play an important role in overall profitability.

104.   Second-half gross margin excluding distribution is expected to decline, he said, citing unrelenting price competition among food retailers.

105.   Sainsbury had issued a profit warning in January and said its gross margin would decline in the full year.

106.   Sales and gross margin in the industry have been hurt by gasoline price competition as wholesale prices have risen more than retail prices, the company said.

107.   She said Osicom will achieve higher gross margins at the unit by making more efficient use of its assets.

108.   Steep markdowns needed to clear a glut of unpopular new styles ate into gross margin.

109.   Steep price cuts to clear unpopular styles from the racks ate into gross margin.

110.   Such a change could be one logical explanation for the fall in gross margins.