SCHULTZ TO GROW FRANCHISES BUT SCALE DOWN EXPENDITURES

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here is increasing its investment in its franchise operations, but scaling back its capital expenditures at the corporate level.In 1995, Schultz will plug more than $17 million into its independent Piggly Wiggly units.At the corporate level, the company is keeping its capital expenditure outlay low, preferring instead to concentrate on improving customer service

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here is increasing its investment in its franchise operations, but scaling back its capital expenditures at the corporate level.

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