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.

The capital projects include new supermarkets, completion of planned improvements for certain locations acquired from Albertsons LLC in 2008, completion of a data

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