NEW STORES GETTING SMALLER: STUDY

WASHINGTON -- The median size of new supermarkets opened last year declined slightly more than 10% to 44,072, according to a study from the Food Marketing Institute, "Facts About Store Development 2001."fewer stores. The other 45% operated more than 11 or more stores.FMI also provided a breakdown of respondents based on retail sales: 55% had annual sales of less that $100 million; 15% had sales between

WASHINGTON -- The median size of new supermarkets opened last year declined slightly more than 10% to 44,072, according to a study from the Food Marketing Institute, "Facts About Store Development 2001."

fewer stores. The other 45% operated more than 11 or more stores.

FMI also provided a breakdown of respondents based on retail sales: 55% had annual sales of less that $100 million; 15% had sales between $101 million and $1 billion; and 30% had sales of more than $1 billion.

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