NEWS WATCH: A&P TO DOUBLE CAP-EX IN 2004, ROLL OUT NEW FORMATS...WILD OATS REPORTS 8.5% COMPS AIDED BY STRIKE...FLEMING REJECTS GROUP'S OFFER TO BUY CORE-MARK

A&P TO DOUBLE CAP-EX IN 2004, ROLL OUT NEW FORMATSe its capital expenditures in 2004 as it seeks to reverse ongoing losses and roll out its Food Basics format. It also has begun introducing some elements from a "fresh" prototype in Toronto to stores in the United States. A&P posted comparable-store sales gains of 1.5% for the fourth quarter ended Feb. 28, but its loss for the period was $57.1 million,

A&P TO DOUBLE CAP-EX IN 2004, ROLL OUT NEW FORMATS

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