Stater Profits Up, Comps Down

Stater Bros. Markets continues to boost customer counts as it holds the line on price increases proof that its marketing strategy is succeeding, Jack Brown, chairman and chief executive officer, said last week. Speaking with bondholders during a conference call, Brown said customer counts were up 2.2 million for the first 39 weeks of the year following an increase of 3.1

SAN BERNARDINO, Calif. β€” Stater Bros. Markets here continues to boost customer counts as it holds the line on price increases β€” proof that its marketing strategy is succeeding, Jack Brown, chairman and chief executive officer, said last week.

Speaking with bondholders during a conference call, Brown said customer counts were up 2.2 million for the first 39 weeks of the year following an increase of 3.1 million in 2008, β€œand they are continuing to trend up.”

He said he a

Register to view the full article

test - Advanced Registered User

Already a member? .