Spartan Looks for Gains in '11

Operating in perhaps the most economically depressed region of the country, Spartan Stores here last week reported a 6% decline in comparable-store sales for its third fiscal quarter, and said comps could fall another 2%, to -8%, in the fourth fiscal quarter. By sometime in the company's next fiscal year, however, which begins at the end of next month, Spartan said it expects sales

GRAND RAPIDS, Mich. — Operating in perhaps the most economically depressed region of the country, Spartan Stores here last week reported a 6% decline in comparable-store sales for its third fiscal quarter, and said comps could fall another 2%, to -8%, in the fourth fiscal quarter.

By sometime in the company's next fiscal year, however, which begins at the end of next month, Spartan said it expects sales and earnings to improve.

“I believe there are good reasons to be op

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