SOBEYS SLATES LARGE INVESTMENT IN STORES

STELLARTON, Nova Scotia -- Sobeys here said it expects to increase capital spending in fiscal 2003 by nearly 43% to $396 million (U.S.), with 75% of the total going into retail store projects.The company said it spent $277 million in the just-ended fiscal year to open 20 new corporate stores and 35 new franchised stores, enlarge 33 stores and renovate or rebanner 106 locations.Bill McEwan, president

STELLARTON, Nova Scotia -- Sobeys here said it expects to increase capital spending in fiscal 2003 by nearly 43% to $396 million (U.S.), with 75% of the total going into retail store projects.

The company said it spent $277 million in the just-ended fiscal year to open 20 new corporate stores and 35 new franchised stores, enlarge 33 stores and renovate or rebanner 106 locations.

Bill McEwan, president and chief operating officer, said 10 of the new stores were opened in wester

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