Publix Expects $650M Cap-Ex in 2009

Publix Super Markets here spent $212 million in capital during its fiscal first quarter and expects another $448 million in ca-pex in the remainder of 2009 — or about half what it spent last year — the retailer revealed in a quarterly report filed with the Securities and Exchange Commission yesterday.

LAKELAND, Fla. — Publix Super Markets here spent $212 million in capital during its fiscal first quarter and expects another $448 million in cap-ex in the remainder of 2009 — or about half what it spent last year — the retailer revealed in a quarterly report filed with the Securities and Exchange Commission yesterday.

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