CAPITAL CHOICES

Supermarket companies are taking divergent approaches to capital spending this year, industry observers told SN.While Safeway is opting to accelerate the pace of new store openings, Albertson's and A&P are focusing more on remodeling, and Kroger Co. is seeking to complement its store-upgrade program with small acquisitions on the local level."There seem to be a lot of cross-currents in the ways companies

Supermarket companies are taking divergent approaches to capital spending this year, industry observers told SN.

While Safeway is opting to accelerate the pace of new store openings, Albertson's and A&P are focusing more on remodeling, and Kroger Co. is seeking to complement its store-upgrade program with small acquisitions on the local level.

"There seem to be a lot of cross-currents in the ways companies are looking at capital spending," said Ed Comeau, vice president of

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