FOOD LION INCOME, SALES UP FOR QUARTER

SALISBURY, N.C. -- Food Lion here said the initial success of its MVP frequent shopper program spurred the company to increased sales and income for the first quarter ended March 25.1.9 billion, up 3.5% from $1.8 billion the previous year. Same-store sales increased 4.3%.During the quarter, the company opened three new stores and remodeled or expanded 10 existing stores, adding 100,000 square feet

SALISBURY, N.C. -- Food Lion here said the initial success of its MVP frequent shopper program spurred the company to increased sales and income for the first quarter ended March 25.

1.9 billion, up 3.5% from $1.8 billion the previous year. Same-store sales increased 4.3%.

During the quarter, the company opened three new stores and remodeled or expanded 10 existing stores, adding 100,000 square feet of retail space. The company said it plans to open 50 new stores and remodel

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