SHEBOYGAN, Wis. -- Shultz Sav-O Stores, which operates 16 corporate Piggly Wiggly stores and supplies 70 franchise units, said sales and earnings for the first half of 1997 benefited from continued improvements in retail operations, including higher gross margins, and the closing of two underperforming units last year.
r share, for the 12-week second quarter ended July 12, an increase of 13.6% compared with $1.58 million, or 33 cents per share, in the second quarter of 1996. Sales in the quarter were up 4.1% to $109.8 million, compared with $105.5 million in the year-ago quarter.