FREEHOLD, N.J. -- Foodarama Supermarkets here said a significant increase in promotional activity was largely responsible for boosting sales for the second quarter and the 26 weeks ended May 1. Net income rose 46.1% to $377,000 for the quarter but declined 14.1% to $912,000 for the first half. Operating cash flow rose 43.8% to $4.9 million for the second quarter of 1999 and rose 28.2% to $10.0 million year to date.

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.