FREEHOLD, N.J. -- Foodarama Supermarkets here reported third-quarter net earnings and same-store sales drops. h include figures from two newly opened stores, rose 0.4% to $147.8 million from $147.2 million. Same-store sales dipped 0.6%. Earnings were squeezed by lower same-stores sales, higher selling and store operating expenses stemming from stepped-up competitive activity, and grand opening expenses, the ShopRite operator said. In the 39 weeks, net income was $1.19 million vs. an ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.