Supermarkets Opening Fewer Stores, Spending More

Less is more is the mantra for many of the largest supermarket companies as they continue to close more stores than they open and invest more heavily in existing locations. Capital expenditures have increased at a double-digit pace for many traditional food retailers, reflecting the strong returns on investment from remodels and an increasing emphasis on bolstering food service and perishable offerings.

“Less is more” is the mantra for many of the largest supermarket companies as they continue to close more stores than they open and invest more heavily in existing locations.

Capital expenditures have increased at a double-digit pace for many traditional food retailers, reflecting the strong returns on investment from remodels and an increasing emphasis on bolstering food service and perishable offerings.

“The trend makes sense, with the focus on the perimeter of the store,” s

Register to view the full article

TAGS: Supervalu