CAP-EX SPENDING TO SHORE UP MARKET SHARE

Retailers will allocate their capital budgets in 2002 to maintain their market-share positions and existing store bases in an effort to compete more successfully with alternative distribution channels, industry analysts told SN.Only Wal-Mart will continue to move into new markets with supercenters this year, while the major conventional chains plan to focus on integrating what they have and strengthening

Retailers will allocate their capital budgets in 2002 to maintain their market-share positions and existing store bases in an effort to compete more successfully with alternative distribution channels, industry analysts told SN.

Only Wal-Mart will continue to move into new markets with supercenters this year, while the major conventional chains plan to focus on integrating what they have and strengthening their operations, the analysts said.

Most chains are expected to allocat

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