Winn-Dixie Sees Slow Recovery

JACKSONVILLE, Fla. Winn-Dixie Stores here may take a closer look at its Save Rite format as it anticipates a slow economic recovery, Peter Lynch, chairman, president and chief executive officer, told investors last week. As we look into the [current] quarter and into next year, it's going to be a slow tick up, he said. We see it moving positively but slowly, and we don't see a rapid rebound. Lynch

JACKSONVILLE, Fla. — Winn-Dixie Stores here may take a closer look at its Save Rite format as it anticipates a slow economic recovery, Peter Lynch, chairman, president and chief executive officer, told investors last week.

“As we look into the [current] quarter and into next year, it's going to be a slow tick up,” he said. “We see it moving positively but slowly, and we don't see a rapid rebound.”

Lynch said the only place Winn-Dixie is seeing “a little bit of trade-up

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