Remodels Still Top Priority

Supermarket companies are projecting capital expenditures for the current fiscal year that are about even with last year's totals, although a handful are ramping up their investments. According to recent filings with the Securities and Exchange Commission and executives' comments to analysts and investors, the major traditional retailers are continuing on their recent path of aggressive remodeling

Supermarket companies are projecting capital expenditures for the current fiscal year that are about even with last year's totals, although a handful are ramping up their investments.

According to recent filings with the Securities and Exchange Commission and executives' comments to analysts and investors, the major traditional retailers are continuing on their recent path of aggressive remodeling programs while shunning new-store development.

Kroger, Supervalu and Safeway col

Register to view the full article