VONS CONTINUES IMPROVEMENT IN PROFIT AND SAME-STORE SALES

ARCADIA, Calif. -- After repositioning its cost and marketing programs over the past year, Vons Cos. here said it is continuing to experience a turnaround in its financial performance.The company last week released second-quarter financial results that showed strong gains in net income and same-store sales, even as analysts pointed out that local competitive activity may heat up in the second half.

ARCADIA, Calif. -- After repositioning its cost and marketing programs over the past year, Vons Cos. here said it is continuing to experience a turnaround in its financial performance.

The company last week released second-quarter financial results that showed strong gains in net income and same-store sales, even as analysts pointed out that local competitive activity may heat up in the second half. Lawrence A. Del Santo, chairman and chief executive officer, said the company is movin

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