ROUNDY'S RETAIL SALES DRIVE PROFIT GAINS IN 2ND QUARTER

MILWAUKEE -- Roundy's Supermarkets here last week said the acquisition of 17 stores helped boost retail sales for the second quarter and first half ending July 2, while overall sales declined as the company continues its transition from being a wholesaler to a retailer.

Sales fell 4.9% to $946.5 million for the 13-week quarter and 3.9% to $1.9 billion for the half, while net income rose 23.9% to $18.5 million for the quarter and 167.8% to $81.5 million for the half. Earnings

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