QUINCY, Mass. -- Stop & Shop Cos. here said it will slow its projected pace of new superstore openings this year due to its recent acquisition of Purity Supreme, North Billerica, Mass.
The 130-store company also reported a 21% increase in earnings and a 4.7% increase in sales for the first quarter ended May 20.
As reported, Stop & Shop agreed last month to purchase Purity for an estimated $255 million. The Purity chain includes 55 supermarkets and 66 franchised conveni