CHAINS GET SELECTIVE AS CAPITAL FUNDS RISE

Many major supermarket companies are spending more on capital expenditures this year but earmarking funds very prudently.Some companies are significantly ramping up funding, such as a 38% gain at A&P and a 20% increase at American Stores, according to an SN survey of spending plans. While most companies aren't accelerating quite so fast, a large number are continuing to increase budgets as replacement

Many major supermarket companies are spending more on capital expenditures this year but earmarking funds very prudently.

Some companies are significantly ramping up funding, such as a 38% gain at A&P and a 20% increase at American Stores, according to an SN survey of spending plans. While most companies aren't accelerating quite so fast, a large number are continuing to increase budgets as replacement stores and remodels remain key priorities, according to company reports and sec

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