Many major supermarket companies are spending more on capital expenditures this year but earmarking funds very prudently. Some companies are significantly ramping up funding, such as a 38% gain at A&P and a 20% increase at American Stores, according to an SN survey of spending plans. While most companies aren't accelerating quite so fast, a large number are continuing to increase budgets as replacement stores and remodels remain key priorities, according to company reports and ...
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