BIG V SUPERMARKETS, Florida, N.Y., said it achieved record sales for the fourth quarter and fiscal year ended Dec. 26 (see related story on Page 22). The company said sales rose 6.9% to $196.4 million for the quarter and 6.8% to $814.4 million for the 52 weeks. Same-store sales increased 2.8% for the 12-week quarter, the company said. The company did not release earnings figures for the quarter or the year. In addition, the company said it completed the refinancing of its credit facilities -- a $25 million revolving facility and $70 million in term notes.
change -- which affects 45 Cleveland-area stores -- but that it would occur before the end of this summer. Both banners are operated by Ahold USA, Atlanta, a division of Ahold, Zaandam, Netherlands. The company said it's making the move to reduce marketing costs.
