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 ...

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