INDIANAPOLIS -- Marsh Supermarkets here reported that net sales increased 3.2%, but net income decreased 18.1%, for the year ended April 1. For the year, sales rose to $1.3 billion from $1.26 billion. Net income fell to $8.6 million from $10.5 million. Were it not for the cumulative effect of a change in accounting principles which resulted in a $1.9 million gain, last year's net income would have been $8.5 million, the company said. Sales for the quarter declined 5% to $296.5 million from ...

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.