JITNEY-JUNGLE TO FOCUS ON UPGRADES IN SMALL TOWNS

JACKSON, Miss. -- Jitney-Jungle Stores of America here said last week it hopes to spend $45 million to $50 million over the next two years to upgrade its conventional stores, marking a refocusing of the chain's strategy on its small-town roots.According to Ron Johnson, chairman and chief executive officer, the money will come from the sale of an unspecified number of stores and some noncore assets,

JACKSON, Miss. -- Jitney-Jungle Stores of America here said last week it hopes to spend $45 million to $50 million over the next two years to upgrade its conventional stores, marking a refocusing of the chain's strategy on its small-town roots.

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