Winn-Dixie Posts Loss in Q1

JACKSONVILLE, Fla. Winn-Dixie Stores kicked off the 2011 fiscal year with heavy losses and sales declines, but officials were confident better days are ahead. Citing everything from the performance of rival Publix, to election results, to an anticipated rebound from visiting its home state this winter, Peter Lynch, Winn-Dixie's chief executive officer, maintained trends favored improvements in earnings

JACKSONVILLE, Fla. — Winn-Dixie Stores kicked off the 2011 fiscal year with heavy losses and sales declines, but officials were confident better days are ahead.

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