SCARBOROUGH, Maine -- Hannaford Bros. here said it expects to spend $2 million preparing all its systems to operate at the turn of the century.
and will continue testing our systems, as well as interfaces with our vendors, throughout 1999."
The company also said sales and earnings rose for the second quarter and 26 weeks ended July 4.
Sales were up 7% to $830.4 million for the 13-week quarter -- which included both the Easter and Independence Day holiday periods, which fell in the first and third quarters, respectively, a year ago -- and 5.4% to $1.6 billion for the half.
Same-store sales rose 1.2% for the quarter and 1% for the half, while comparable-store sales, including expansions and relocations, were up 1.7% for the quarter and 1.8% for the half.
The company said same-store sales benefited by about 1.4% from the Easter shift; it also said second-quarter and half-year comparisons have been adjusted to include Independence Day sales in 1997.
Net income rose 15.8% to $23 million for the quarter and 15.1% to $40.8 million for the half.
"We were quite pleased with our operating results in the second quarter, despite a very heavy store-opening schedule and the flat inflationary environment in our marketing territories," Farrington said.
With the opening of eight new stores during the quarter, including two relocations, "the majority of our 1998 expansion plans have been completed," Farrington said.