Publix Boosts Cap-Ex

Publix Super Markets increased its capital spending by about 15.6% during the first half of 2011, to $259.4 million, compared with a year ago, the company said in a filing with the Securities and Exchange Commission.

LAKELAND, Fla. — Publix Super Markets increased its capital spending by about 15.6% during the first half of 2011, to $259.4 million, compared with a year ago, the company said in a filing with the Securities and Exchange Commission this week.

The 2011 cap-ex funded 11 new supermarkets, including three replacement stores, and 42 remodels. The company closed nine supermar

Register to view the full article

test - Advanced Registered User

Already a member? .