SUNBURY, Pa. — Weis Markets will increase its capital expenditures by 8% to $135 million in 2013, executives said at the retailer’s annual meeting here Thursday.
In 2013, the company is planning 37 major projects, including four new stores, 15 major remodels and 17 remodels.
“By the end of 2013, we will have invested nearly half a billion dollars in our growth and will have completed more than 100 projects. Our cap-ex program also includes record level investments in our information technology infrastructure,” David Hepfinger, Weis’ chief executive officer, said in a statement. “Improving our decision support and measurement capabilities are essential to our growth and future profitability.”
Hepfinger said the supply chain and improving service are also key areas of focus for Weis.
Read more: Weis Earnings Grow as Q4 Sales Fall
“Our organization has worked diligently to improve efficiencies throughout our supply chain — from distribution to the customer’s cart. We are also holding ourselves accountable to our customers in all that we do, which has resulted in better in-stock conditions, improved freshness and product rotation and better customer service.”
Weis Markets operates 164 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia.
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