ASHEVILLE, N.C. -- Ingles Markets here plans to spend less than half of what it spent last year on new capital projects, the company said in its annual report. rnized facilities and technology." The fiscal 1999 capital budget is $75 million, compared with the $155.9 million Ingles spent last year to open 11 new stores while performing three major remodels and 10 minor ones. The company, which operates 207 supermarkets in six Southern states, also acquired 11 stores from Bruno's and five ...
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.