Winn-Dixie Remodels Drive Sales Gains, Fast Returns

JACKSONVILLE, Fla. Winn-Dixie Stores said last week its first three transformational remodels are averaging sales per square foot of $475 on an annualized basis, with a payback of three-and-a-half years compared with original projections of five years. The chain's average is just under $300 per square foot, analysts told SN. According to Peter Lynch, chairman, president and chief executive officer,

JACKSONVILLE, Fla.Winn-Dixie Stores said last week its first three transformational remodels are averaging sales per square foot of $475 on an annualized basis, with a payback of three-and-a-half years compared with original projections of five years.

The chain's average is just under $300 per square foot, analysts told SN.

According to Peter Lynch, chairman, president and chief execu

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