SYDNEY, Australia (FNS) -- Franklins Holdings Ltd. here said it is determined to pursue its commitment to transform its supermarkets from its traditional grocery operation to a fresh-food discount outlet, despite a steep decline in company earnings in the year just ended. resh produce, meat and deli items, will be carried out over the next two years. Currently, fewer than 100 of the chain's store are of the No Frills variety. The company reported an operating profit of only $185,000 for ...
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.