PORTLAND, Ore. -- Fred Meyer Inc. here reported record sales and earnings for the fourth quarter ended Jan. 29.
Same-store sales rose 1.6% in the quarter. The same-store increase for food sales was 2.2% and for nonfood it was a 1.2% increase, the company said.
For the year, sales increased 4.4% to $2.98 billion at the 125-store chain. Same-store sales rose 2.4% for the year, which includes a 3.4% increase in comparable food sales.
Year-end net increa