BIRMINGHAM, Ala. -- Bruno's here said the higher costs of new stores and promotional expenses contributed to a 43.7% decline in earnings in the second quarter ended Jan. 1. he lower earnings and the competitive environment, Bruno's said it will reduce capital expenditures in fiscal 1995 and instead focus on remodeling and expanding existing units. "Our intent is to improve our overall financial results by more closely focusing on improving the performance of existing units, controlling our ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.