REMODELING, NEW STORE CITED FOR GRISTEDE'S BOOST

NEW YORK -- Improved performance of remodeled stores and one new opening helped boost sales 17.8% during the fiscal second quarter for Gristede's Foods here, the company said.Gristede's opened one new store and completed one remodeling during the quarter.The company has now remodeled approximately 70% of its stores. Gristede's plans eight additional remodels, two new store openings and three in-store

NEW YORK -- Improved performance of remodeled stores and one new opening helped boost sales 17.8% during the fiscal second quarter for Gristede's Foods here, the company said.

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