SUPERMARKETS ENJOY EARNINGS LIFT: FMI REPORT

WASHINGTON -- Supermarket companies have trimmed operating and debt costs plus boosted capital expenditures, lifting industrywide earnings, according to a report by the Food Marketing Institute here.micromarketing to customers and honing operational efficiency."Unrelenting competition has pushed companies to increase capital spending, updating their stores and other assets to remain competitive. The

WASHINGTON -- Supermarket companies have trimmed operating and debt costs plus boosted capital expenditures, lifting industrywide earnings, according to a report by the Food Marketing Institute here.

micromarketing to customers and honing operational efficiency.

"Unrelenting competition has pushed companies to increase capital spending, updating their stores and other assets to remain competitive. The improvements have paid off for both the companies and their consumers, who

Register to view the full article