New-Store Struggles Sink Ingles Q2 Profit

A brisk slate of store openings and remodels — and their associated costs in a sputtering economy — is draining profits for Ingles Markets, the company acknowledged Tuesday.

ASHEVILLE, N.C. — A brisk slate of store openings and remodels — and their associated costs in a sputtering economy — is draining profits for Ingles Markets here, the company acknowledged Tuesday.

Register to view the full article